Porsche says they will be making 145 million gallons of this new eFuel by 2030. They produce this fuel now from a new production facility in Chile.
There is one drawback to this fuel. Right now it costs nearly $45 a gallon to produce.
The gas prices in Texas have continued to decline despite summer usually being a time when gas prices go up. The statewide gas price average, as of Aug. 6, is $1.85.