The us tax on it (54 cents per gallon) will expire in January 2009.
http://ezinearticles.com/?Tax-on-Importe...
Industrial gasoline now costs more than 4 $ per gallon
Other Answers (3)
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It costs something like $47 per barrel. A common misconception is this is the main reason for brazil%26#039;s energy independence. The main reason for their energy independence is the oil they produce. They have discovered more offshore deposits as well which they intend to produce.
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I dunno about its price but if your car is not intended for ethanol you cannot make your gas engine use it to any real effectiveness.
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Winos are hoping so.