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Newscasters explore alternative energy sources for vehicles

• Gas prices are at an all time high across the country.
• In fact, according to fuelgaugereport.com, gas prices are a dollar more than they were last year.
• In the first of a three-part series called "The Energy Crunch," The Early Show co-anchor Harry Smith finds out from Green Car Journal Editor Ron Cogan about some creative ideas that could save you some money.
• Most of the alternative fuels come from renewable energy sources like corn and soybeans, but other sources are byproducts of natural sources, Cogan says.
• "The way you get ethanol is as E85," Cogan says from a state-of-the-art gas station in San Diego, Calif., that offers alternative fuels.
• You can use that fuel in a diverse number of vehicles like the Ford Explorer.
• There are more than 20 models that are available that run on any mixture of gasoline or E85 ethanol in the same tanks."
• Any car that takes ethanol is called a Flexible Fuel Vehicle (FFV).
• One way to find out is to look inside the gas tank cover for a sticker that says something like "this is a flexible fuel car" or "it takes E85 or ethanol."
• However, if your car does not have this sticker it is not wise to use this type of fuel.
• E85 is cheaper by about 50 cents a gallon, he says, but buyers need to consider that alcohol fuels are also not as energy-dense as gasoline.
• "There are two ways of looking at biodiesel," he says.
• "We hear about folks that buy fryer oil and make their own diesel.
• Cogan says the problem with biodiesel is that it is not widely available.
• However, there are more production facilities being constructed across the country.
• "Natural gas prices have gone up and down," Cogan says.

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