A New Kind of Fuel: Gasohol
Thursday
Sep 18, 2008
Oil prices are plunging, hopefully back to normal but that doesn’t mean that we should stop finding alternative fuel such as this one being used in Vietnam named Gasohol.
For the record, Gasohol is a combination of Ethanol and Petrol. We can fell a sigh of relief as far as the continued downward trend of the oil price is concerned but you never know when they can go up again. We have seen LPG, Biofuel and other forms of ethanol or alternative fuel that are being introduced in the market and if we are wise, we should keep our options open.
Waiting for another unruly fuel price hike is not exactly the best position we may find ourselves in and if we value our convenience as far as transportation is concerned, then we should do what the Vietnamese people are doing as well.
PV Oil, a PetroVietnam subsidiary, announced on Monday that Gasohol E5 will be provided on a pilot basis in the districts of Dong Da and Cau Giay at VND16,500 ($1) per liter – VND500 and VND1,000 cheaper than A92 and A95 petrol respectively.
Gasohol E5, which is five percent ethanol and 95 percent gasoline, is produced by the PetroVietnam Biofuel Joint Stock Co., an affiliate of PV Oil. This fuel is cost-effective, eco-friendly and safe for engines, PV Oil says.