No need for a flack jacket, but I will point out where you're mistaken...
Maybe 30 years ago, but not so according to many recent sources:
http://en.wikipedia.org/wiki/Ethanol_fuel_energy_balance
http://ethanol.typepad.com/my_weblo...rgy-balance-is-confirmed-by-new-research.html
(broken link removed to http://www.ethanolrfa.org/news/entry/usda-report-shows-positive-energy-benefits-of-ethanol/)
…again, about 30 years ago. …natural rubber, latex, hide glue, old phenolic plastics, cow hide leather, etc. If you do have a vintage engine (where gasoline itself has not already destroyed these parts), then keep it away from ethanol containing fuel. But, believe it or not, a decade and a half into the 21st century, we can make plastic withstand simple ethanol.
Anecdotally, perhaps, but not so, according to many formal sources:
http://www.straightdope.com/columns/read/2668/why-does-gasoline-go-stale-so-quickly
Some of the world’s oldest drinkable alcohol is pegging the 200 year old mark, so apparently it can keep well. Wanna put a can of “real gas” in your shed and get back to it in even a year or so?
http://io9.com/5695539/worlds-oldest-wine-and-beer-finally-gets-drunk-after-200-years
While this is somewhat true, everyone seems to be hung up on “mileage” … they gladly bash E10 for offering a few percent lower “mileage” and get all google eyed over diesel for it’s few percent “higher mileage”.
At the E10 level, you’re talking a few percent at most, if you look at E85 for flex fuel vehicles, it’s about 15-20% cheaper, offsetting most if not all the mileage penalty. Conversely, diesel is about $1.00 MORE per gallon, offsetting all, if not more than the mileage gain.
Plus, you're comparing $2.50-$3.00 gallon of regular gas from the closest / most convenient store pump to what... $8 a QUART for the joke that is 'True-fuel'. (talk about a scam!) The only way to win there, would be to by the 'true fuel', use it, fill the empty can with regular two stroke mix and re-sell it. Hummmm...
Believe what you want, it’s of no matter to me. If you enjoy spending 100’s of billions if not trillions of dollars and thousands of American lives on foreign wars to keep mid-east oil fields and tanker shipping lanes open, then great. [gosh, we could almost call that a trillion dollar “gasoline subsidy”… makes the few cents per bushel paid back to fellow Americans almost inconsequential, doesn’t it?] But repeating the same tired old rhetoric from 30+ years ago just doesn’t make much sense.