Wed Oct 8, 2014 08:39 AM CDT

NEW YORK (DTN) -- A study released Tuesday by the Renewable Fuels Association alleges price gouging by E85 retailers in St. Louis, Mo., showing that the retail price of E85 over the summer was 1% higher than retail gasoline prices, though the average wholesale price was 12% lower than wholesale gasoline.

Additionally, the study shows the wholesale-to-retail markup on E85 was nearly twice the markup on gasoline and that E85 retail prices were roughly $1 per gallon higher than was justified by wholesale prices for locally available ethanol and hydrocarbon blendstock.

RFA tracked E85 and E10 prices at all nine ...

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