We got ethanol because California banned MTBE, which is an oxidizing agent that was added to fuel. It's job was to bring more bound oxygen to the combustion chamber, much like nitrous oxide, resulting in a cleaner burn.
Canada banned MTBE a couple of years later.
Gas companies went looking for another CHEAP oxygenating agent, and found ethanol.
Key word in Trial's post is: MARKETED.
The VAST majority of claims by oil and gas companies is MARKETING. Madison Avenue BS.
Smoky Yanick said we can run 11.5/1 on regular pump gas. I'll believe Smoky over any gas company.
... and until you get stupid, two strokes LIKE oil, by which I mean the difference in power output of a motor running 50:1 is more or less the same as the same motor running 24:1. The difference is negligible.
I have NEVER blown up a two stroke with TOO much oil. I usually run bean oil at about 24:1. YES, I could run less oil, I know that, but most of my two strokes are old GP bikes, with VERY expensive and hard to get parts... so run lots of $36/litre bean oil. Cheap insurance.
... and NOTHING, no matter what the ads tell you, NOTHING is as good as bean oil... and it smells nice. The hotter it gets the better it lubes. When it get hot enough the high end synth oil is burnt offerings, jamming the rings, bean oil is still happy