official nebraska government website

Ethanol and Unleaded Gasoline Average Rack Prices

As of December, 2008, the rack price of ethanol was $1.61 versus $1.07 for unleaded gasoline--a difference of 54 cents per gallon.  The ethanol rack price was 49 cents lower compared to last month's price and 63 cents lower than a year ago.  This is the third consecutive month that unleaded gasoline's average rack price took a huge drop--26 cents from last month's price which reached $1.28 lower than a year ago.  The main factor contributing to the decline is the decreasing price of crude oil.