Iowa Motorists Are Buying More E85 Ethanol

Iowa Motorists Are Buying More E85 Ethanol

Iowans purchased more than 2.9 million gallons of the 85% ethanol blend in second quarter of 2014.

The Iowa Renewable Fuels Association on September 9 released data showing Iowa motorists purchased 2,983,076 gallons of E85 in the second quarter of 2014. That data is compiled by the Iowa Department of Revenue. The more than 2.9 million gallons of E85 sold is the second most E85 sales in any second quarter on record, and an increase of more than 200,000 gallons over the first quarter of 2014.

ETHANOL IS A BETTER BUY: As ethanol's price discount compared to gasoline remains strong, Iowa motorists continue their commitment to using E85. Iowans purchased more than 2.9 million gallons of the 85% ethanol blend in April through June period.

"With ethanol's price discount to gasoline continuing to grow, Iowa motorists remain committed to higher ethanol blends like E85," says IRFA executive director Monte Shaw. "Two strong quarters of E85 sales are now in the books, and Iowa is poised for another big year in E85 sales. As White House officials review the final RFS volume levels, they should take note that when given the choice, motorists firmly support lower-cost, higher-level ethanol blends."

E85 now available at more than 200 fueling sites in Iowa
In June earlier this year, the IRFA reported Iowa motorists purchased a first quarter record of more than 2.7 million gallons of E85.

E85 is a fuel blend containing between 70% and 85% ethanol. E85 is currently sold at more than 200 fueling sites in Iowa, and can be used in all flex-fuel vehicles (FFV). To determine if your vehicle can use E85, check your owner's manual or the vehicle's fuel cap.

For a list of retail locations offering E85 in Iowa, go to iowarfa.org.

To view Iowa Department of Revenue's quarterly E85 sales data, you can go to tax.iowa.gov.

Iowa is the nation's leader in production of renewable fuels
Iowa is the nation's leader in renewable fuels production. Iowa has 43 ethanol refineries capable of producing more than 3.8 billion gallons annually, including 22 million gallons of annual cellulosic ethanol production capacity and one cellulosic ethanol facility currently under construction. In addition, Iowa has 12 biodiesel facilities with the capacity to produce nearly 315 million gallons annually.

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The Iowa Renewable Fuels Association was formed in 2002 to represent the state's liquid renewable fuels industry. The trade group fosters the development and growth of the renewable fuels industry in Iowa through education, promotion, legislation and infrastructure development. For information visit the website.

Ethanol is lowest cost motor fuel, octane source on the planet
A new analysis by ABF Economics shows that ethanol produced in the U.S. has been the most economically competitive motor fuel in the world over the past four years, and has played an important role in reducing consumer fuel costs.

The analysis examined actual wholesale prices paid for ethanol, gasoline, and alternative octane sources in several key U.S. and world markets in the 2010–2013 timeframe. Based on the market data, the report concludes that "…U.S.-produced ethanol is an exceptionally competitive additive and fuel source…" and that "…U.S. ethanol has emerged as the lowest cost transportation fuel and octane source in the world over the past several years."

Big oil companies continue to block the use of higher blends
"As proven by the recent boom in exports, American-made ethanol has evolved into the most cost competitive transportation fuel and octane source in the world. Through rapid technology adoption and innovation, U.S. producers have proudly earned the distinction of being the global leader and low-cost producer of clean-burning, renewable ethanol," says Bob Dinneen, president of the national Renewable Fuels Association.

He points out: "Big oil continues to throw up all kinds of roadblocks to keep higher blends of ethanol, such as E15, from being offered in the marketplace. Despite the fact that ethanol offers greater consumer choice at a lower cost, the entrenched petroleum companies continue to erect barriers that deny access to larger volumes of renewable fuels. In a truly free market, consumers would always choose a fuel that is produced domestically, is better for the environment and climate, and costs much less than gasoline. Unfortunately, free markets only exist in textbooks, underscoring the need for monopoly-breaking policies like the Renewable Fuel Standard."

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