A gallon of E85 sold for about $2.50 in the greater Cleveland area and $2.59 across Ohio on Monday, lower by at least 20% than regular gasoline in those areas, according to GasBuddy.com. Taking into account energy content per gallon, E85 becomes "a better bargain" when its price is 20% less than that of regular gasoline, said Tom Kloza, chief oil analyst at the Oil Price Information Service. The price of E85 could drop even further in the next few months, to about $2.29 per gallon, while that of E10 could go as low as $2.99 per gallon, Kloza said.

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