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CHAPTER THIRTEEN
Ethanol
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Exhibit 13-9

Average Price at the Pump in the U.S. Ethanol Fuel vs. Motor Gasoline 2000-2008
Date Ethanol Fuel Motor Gasoline Price of Ethanol Fuel
(excluding tax credit)
Apr-00 $1.80 $1.52 $2.26
Oct-00 $1.90 $1.54 $2.36
Jun-01 $1.85 $1.68 $2.30
Oct-01 $1.60 $1.27 $2.05
Feb-02 $1.54 $1.11 $1.99
Apr-02 $1.80 $1.40 $2.25
Jul-02 $1.45 $1.41 $1.90
Oct-02 $1.71 $1.44 $2.16
Feb-03 $1.86 $1.61 $2.30
Dec-03 $1.70 $1.48 $2.14
Mar-04 $1.84 $1.74 $2.28
Jun-04 $2.28 $1.99 $2.72
Nov-04 $2.30 $1.97 $2.74
Mar-05 $2.29 $2.11 $2.72
Sep-05 $3.40 $2.77 $3.83
Feb-02 $2.81 $2.23 $3.24
Jun-06 $3.43 $2.84 $3.86
Oct-06 $2.98 $2.22 $3.41
Feb-07 $2.96 $2.30 $3.39
Jul-07 $3.72 $3.04 $4.15
Oct-07 $3.39 $2.76 $3.82
Jan-08 $3.55 $2.98 $3.98

Source: Source: U.S. Department of Energy.

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