KS premium = no ethanol
Love's premium = 10% ethanol, at least $0.40/gal cheaper than KS premium
Ethyl Alcohol has about 30% less energy than gasoline so if you are buying 10% ethanol you should be paying 3% less to break even over the 100% gasoline. For $3.00 gasoline it should be a savings of at least $0.09 to break even. Any additional savings is gravy. This is ignoring the benefits of higher octane of the ethanol blends.
This goes for comparing E-10 to E-15 as well. There the difference is 5% alcohol so 30% reduction in energy times only 5% of the volume is only 1.5% reduction in energy per gallon. So if you are paying $3.00 for E-10 you should be paying $0.045 less for E-15 to make it worth your while.
E-85 is a little more difficult to find fuel that is cost effective since there is generally 75% more ethanol than E-10 so it is 22.5% less energy than the E-10. if E-10 is $3.00 you better be saving at least $0.675 to break even. Note that in the winter months the mix is more likely 70% ethanol rather than 85% due to the difficulty with vaporizing ethanol at lower temperatures. This means you have more energy in "E-85" in winter. Winter savings should be around 18% which is about $0.54 in our $3.00 E-10 example.
I was kind of burned on E-85 in the past though. I bought a vehicle in the aughts that was flex fuel so I ran E-85 in it when I could. I ended up with engine problems though after long term use (a decade or so). The kicker was that there was a manufacturer notice that went out about it cautioning against going back and forth between mixes that I never saw. It went out to dealers a few months before I bought the vehicle but they never provided it to us when we bought the vehicle, nor did they tell us about when we were back for service. The owners manual touted being able to go back and forth between mixes without restriction or adverse effects. That experience makes me pretty nervous about too much going back and forth between mixes.