BioFuels Journal

IRFA: Iowa E85 Sales in First Half of 2008 Exceed Total 2007 Sales

Johnston, IA—The Iowa Renewable Fuels Association (IRFA) announced October 10 that E85 sales in Iowa continue remarkable growth in 2008.

According to the Iowa Department of Revenue, sales of E85 by Iowa retailers reached 3,519,575 gallons during the first six months of 2008 - surpassing total 2007 sales of 3,420,557 gallons.

"As gas prices continued to rise in 2008, a growing number of consumers relied on E85 for a cheaper, cleaner fuel alternative," said Monte Shaw, IRFA Executive Director.

"Retailers are responding with 20 new E85 stations so far this year.

"We're on track to have over 100 E85 retailers by the end of the year."

The rate of E85 sales in Iowa is increasing as well.

Second quarter's 2,217,095 gallons were nearly double first quarter's 1,302,480 gallons of E85 sales.

"Even as gas prices have moderated in recent weeks, E85 continues to be the best bargain in the fuels business," added Shaw.

"And the growing number of blender pumps in Iowa will offer flexible fuel vehicle (FFV) owners attractive options no matter what the wild oil and gas markets have in store for the future."

Iowa currently has 96 E85 retail outlets.

A list of all the E85 stations can be found here.

Retailers interested in installing an E85 pump can apply for a grant from the Iowa Department of Economic Development.

Information and a grant application may be found here.

Iowa is the leader in renewable fuels production.

Iowa has 34 ethanol refineries with a combined annual capacity of over 2.7 billion gallons in operation.

There are 10 ethanol refineries under construction or expansion which will add 1 billion gallons of annual capacity.

In addition, Iowa has 14 biodiesel refineries with the capacity to produce over 300 million gallons annually.

There are 2 biodiesel refineries under construction or expansion that will add nearly 35 million gallons of annual capacity.

Many additional renewable fuels projects are under development.

For more information, call 515-252-6249.