UNDATED (Indiana’s NewsCenter) - You might have noticed that prices for ethanol fuel are on the rise and an expired tax credit is the reason why.
On January first, prices jumped 38-cents a-gallon on E-85 when the tax credit quietly expired.
That credit was not renewed in the recent federal spending bill.
Ethanol accounts for about 10-percent of the nation's gas supply.
E-85 prices have recently gone above the three-dollar a-gallon mark.
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