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Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

Land Rover testing electric Defender 110 pickup

Land Rover has begun testing an electric version of the Land Rover Defender first shown at the 2012 Geneva motor show. The electric Defender prototype is in service at the Eden Project in Cornwall, U.K., a complex of several large transparent domes that house multiple artificially maintained environments containing thousands of rare plants, and is a popular visitor attraction. At the moment the electric Defender isn't exactly tearing through the Amazon rainforest, but the work it's doing is nevertheless a good approximation of how quite a lot of Defenders are used in real life -- at least in terms of speed and duration of use.

Honda future products: Civic relaunch precedes new CR-V, Accord

The next year is huge for Honda and it begins with a do-over--the fall relaunch of the redesigned Civic that was derailed by the March earthquake. A new CR-V arrives this winter and a redesigned Accord, which will be slightly smaller than the current model, follows next spring. Those three products represent about 70 percent of the brand's U.S.