E85 sales in Iowa reached an all-time high in 2011 exceeding more than 10.7 million gallons, representing a 15 percent increase over 2010 sales, according to the Iowa Department of Revenue. The increase occurred despite third and fourth quarter sales being down compared to the year prior.
“E85 sales are up while overall gasoline sales are down – that shows progress,” said Monte Shaw, Executive Director of the Iowa Renewable Fuels Association. “Price is still an important factor. With ethanol prices closer to gasoline in the last half of 2011, we saw our growth streak curtailed somewhat. But today, wholesale ethanol prices are quite attractive and that translates into very enticing E85 prices. E85 is the best way for fuel consumers to boost the Iowa economy, reduce dependence on foreign oil and still save a few bucks.”
Iowa currently has 167 retail outlets offering E85. Check online for a list of all E85 stations. Iowa has 41 ethanol refineries capable of producing nearly 3.7 billion gallons annually. In addition, Iowa has 13 biodiesel facilities with the capacity to produce 320 million gallons annually.