"Motorists are frustrated and angry about high gas prices. Everyone is feeling the pinch at the pump, which really underscores our need for biofuels," said Toni Nuernberg, executive director of EPIC"As gas prices continue to skyrocket, we must continue the push for the only current transportation energy option we have today-biofuels."
Even in the face of heavy criticism from anti-ethanol groups and misplaced blame for rising food prices, the ethanol fuel industry continues to help keep fuel prices below the even-more exorbitant prices consumers would pay without the availability of ethanol fuel.
According to data from Iowa State University, blending gasoline with ethanol has kept fuel prices $0.29 - 0.40 lower per gallon than they would have been otherwise. In the Midwest, the savings are the greatest, with fuel prices suppressed by as much as $0.39 per gallon due to ethanol fuel blending.
The survey found that 42 percent of those polled said they were coping with rising gas prices by driving less, but 15 percent reported there was nothing they could do to cut back on the increasing expense of driving.
"Motorists across the country are reaching their breaking point," said Nuernberg. "Rising fuel costs are impacting the economy across the board. Cost-effective renewable alternatives must be a part of our country's long-term energy plan."