| If you look at the actual molecular carbon chain in each fuel; there is nearly twice as much stored energy in a gallon of gasoline as there is in ethanol. Depending on the gas/alcohol ratio (varies quite a bit depending on locale, Minnesota has alot more alcohol, our corn is cheap) you will get varying fuel efficiencies.
E85 cars in their current state do not equal Gasoline powered cars in terms of power efficiency.
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"It's one of the great fallacies, it seems to me," said Lee, "that time gives much of anything but years and sadness to a man."
- Steinbeck, East of Eden
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