Ethanol Saved Americans Money Memorial Day Weekend

Tuesday, May 31, 2011

For millions of Americans, Memorial Day weekend marked the unofficial start to summer. Despite gas prices that were nearly 40% higher than a year ago, families across the nation celebrated the holiday weekend by taking a road trip.

Many of them were unaware that the increasing availability of ethanol saved them money. They spent less on gasoline than would otherwise have been the case. The average American family that took a trip Memorial Day weekend saved more than $31 simply due to the fact that ethanol is holding gasoline prices down. Savings due to ethanol was $440 million, based on AAA estimates of average trip length.

And the moment the Open Fuel Standard Act becomes law, we will all begin spending even less for fuel as OPEC's ability to manipulate the American economy will begin to wane, and as fuels will be able to compete with each other at every pump.

If you'd like to see this happen sooner rather than later, urge your representative to become a co-sponsor of the Open Fuel Standard Act. Click here for an easy way to do that. And once you're done, share it with all your friends. If you'd like to do more, click here.


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