MisEconomics : Ethanol Blending increases Petrol Costs

A. Basic Crude/barrel ~ Rs.6000 B. Litres/barrel. ~160 C. Basic Cost Rs/petrol litre*~Rs.37.50 D. Basic Cost Ethanol/ litre Rs.65 E. 90/10 blend 33.75+6.5= Rs.40.25 F. Blending increases Cost Rs.2.75 And then HUGE price fluffing: G.Retail Price Petrol litre ~ 100/- F. Basic Cost markup almost 300% ! *45% petrol/crude but rest 65% is also montised ** Ethanol damage risks to vehicle and lowers engine performance *** Ethanol had adverse environmental issues