RFA says E10 will save consumers $39 billion this year

In Washington, summer driving season kicks off in just a few weeks and the U.S. Energy Information Administration is already warning drivers that they are likely to see the highest gasoline prices in four years. Pump prices have already begun to increase, with the average retail price for regular gasoline reaching $2.85 per gallon last week, the highest since November 2014. However, ethanol is helping to offset higher prices, and 10 percent ethanol blends (E10) alone could save consumers at least $39 billion this year, according to an analysis released by the Renewable Fuels Association.