All gasoline is oxygenated to increase its volatility and prevent that annoying engine knock.
http://www.epa.gov/mtbe/
Gasoline has been oxygenated with MTBE for years. But the powers that be have determined and decided that MTBE causes cancer when it gets into our water supply and animals like us drink it. Therefore MTBE has been outlawed in several states and the quickest alternative right now is ethanol.
Does that imply that ethanol plants are safe for the environment?
Alcohol absorbs water. Therefore the ethanol in gasoline will absorb available moisture. In cold climates, like here in North Dakota, this is a big advantage because in the winter time the ethanol carries the moisture thru the fuel system with the gasoline and out the exhaust. The alternative is to add a product like HEAT to the gas or let the moisture freeze your fuel system.
I prefer ethanol blended gas in my car in the winter and have never had icing problems.
Moisture in my airplanes fuel system scares the hell out of me and therefore at this time I don't want ethanol in the airplane. Carb ice is already a threat, so why increase the odds. I also wonder about long term storage, moisture and corrosion.
But, there are a few STCs available for ethanol in airplanes and ethanol is here to stay. We will eventually need to learn to use it in airplanes, burn 100LL or find a new fuel.
Bill