Ethanol is helping reduce the cost of the Thanksgiving holiday for the average American family.&nbsp; More than 39 million Americans will take to the road for their Thanksgiving holiday, traveling an average distance of 588 miles, according to AAA.&nbsp; That means the average American family traveling by automobile this holiday will save $29.13 on gasoline purchases because of ethanol. In May, the Center for Agricultural and Rural Development released a&nbsp; <a href="http://renewablefuelsassociation.createsend1.com/t/y-l-jikkuiy-egilglu-u/">study</a> by economists at the University of Wisconsin and Iowa State University finding that in 2011, ethanol reduced wholesale gasoline prices by $1.09 per gallon nationally. Those savings have a very real impact on the average household budget.&nbsp; Ethanol reduced the average American household&rsquo;s spending on gasoline by more than $1,200 last year, based on average gasoline consumption data.&nbsp; Since 2000, ethanol has helped save $39.8 billion annually in excess gasoline costs&mdash;roughly $340 per household per year.
&ldquo;Thanks to ethanol, hardworking American families will get a break as they drive to spend the Thanksgiving holiday with loved ones.&nbsp; The average American family will save $29.13 because ethanol helps lower the price of each and every gallon of gasoline.&nbsp; Ethanol and the renewable fuel standard (RFS) are also helping to reduce this country&rsquo;s dependence on foreign oil, thus creating a stronger country and a stronger economy.&nbsp; Ethanol is a product made by Americans for Americans and we are proud that on this most American of holidays that we can offer a solution to sky-high gas prices,&rdquo; said Bob Dinneen, president and CEO of the Renewable Fuels Association. Dinneen continued, &ldquo;Now, you will hear some squawking from livestock and poultry producers who oppose the RFS and ethanol.&nbsp; Don&rsquo;t let their scare tactics ruin your holiday.&nbsp; The fact is turkey prices are lower this year than the last two years, according to the Bureau of Labor Statistics.&nbsp;&nbsp;&nbsp; The bottom line is ethanol production has nothing to do with the price of Thanksgiving dinner.&nbsp; Food costs are driven by energy costs.&nbsp; Only 14 percent of the food bill goes to raw agricultural ingredients like vegetable oils, dairy products, corn and other grains and commodities.&nbsp; Meanwhile, 86 percent of your grocery bill pays for energy, processing, packaging, marketing, labor and other costs.&nbsp; Don&rsquo;t let Big Food fool you into believing anything different.&rdquo; To read more about Thanksgiving turkey prices and real driving forces behind food costs, click <a href="http://renewablefuelsassociation.createsend1.com/t/y-l-jikkuiy-egilglu-o/">here</a> for RFA&rsquo;s white paper: &ldquo;This Thanksgiving, Avoid Big Meat&rsquo;s Baloney&rdquo;.
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Ethanol is helping reduce the cost of the Thanksgiving holiday for the average American family. The average American family traveling by automobile this holiday will drive 558 miles and save $29.13 on gasoline purchases because of ethanol.

Ethanol saves Americans $29.13 on average Thanksgiving trip

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