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Determining Price of Ethanol: Example Problem

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I am having trouble determining what I should do in this problem. I believe I start by figuring out the combustion reactions for ethanol and octane.

For ethanol I have: C2H5OH(l)+ 3O2(g) = 2CO2(g) + 3H20(l)
For octane I have: C8H18(g) + 25/2 O2(g) = 8CO2(g) + 9H20

I am lost on what to do next or what I should do with these formulas. I do not understand what to do with the Hf, KJ/mole for octane and ethanol.

The problem is:
Two fuels available for automobile uses are ethanol (C2H5OH) and gasoline (assume it to be octane, C8H18). If gasoline is selling for $2.70/gallon, what would the price of ethanol have to be in order to provide the same amount of heat/dollar? The heat evolved for each fuel can be found by calculating the heat released in the combustion reaction for each fuel. 1 gal = 3.785 L

Octane -249.9 Hf, KJ/mole
Ethanol -277.0 Hf, KJ/mole
Octane 0.7025 density, g/ml
Ethanol 0.7894 density, g/ml

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The solution provides steps necessary to determine the price of ethanol.

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