AUSTRALIA'S price watchdog has warned of ethanol shortages in coming weeks due to devastating floods in the country's north.
Joe Dimasi, a commissioner at the Australian Competition and Consumer Commission, said while the extent of damage was unknown, the floods have caused the loss of crops used in ethanol production and the ACCC has been informed that there are disruptions at key processing plants, likely resulting in a shortage of the domestic supply.
The supply shortages may lead to reduced availability of ethanol blended fuels such as E10, which is gasoline blended with 10 per cent ethanol, across Australia and mean that motorists may find that fuel pumps that carry ethanol blended fuel are closed or out of order, he said in a statement.
