People are still talking about Chrysler Group’s Super Bowl ad that highlighted the importance of America’s farmers, and today more than 100 Iowans have signed a letter urging Chrysler to recommend the use of E15 in its new vehicles. According to the Iowa Renewable Fuels Association (IRFA), higher blends of ethanol, such as E15, are necessary to maintain the farm …
First E85 Station Opens in Richmond, Virginia
The first E85 station has opened in Richmond, Virginia. In addition, MAPCO Express, has “re-branded” their retail stores under the “East Coast” brand and the three new E85 stations, two near Richmond and one near Washington, D.C. will be sold under this brand. Partners in the projects included Maryland Grain Producers Utilization Board, Protec Fuel, MAPCO Express and the Virginia, …
Pearson Fuels Recieves $1.35M for E85
Pearson Fuels (RTC Fuels, LLC) has been awarded $1.35 million for the installation of E85 dispensing equipment at 19 existing fueling stations throughout California. The monies were part of $3.27 million allocated by the California Energy Commission (CEC) for projects that will help the state reduce transportation sector emissions. CEC estimates the E85 fuel market in the state will eventually …
Propel Receives $21M in Investments
Propel Fuels has closed on the initial phase of its Series D round of funding with $11 million in equity capital from existing investors Nth Power, Craton Equity Partners, and @Ventures as well as a new investor, Gentry Venture Partners. In addition, the company has secured $10 million in debt financing from CapX Partners. With the additional funds, Propels plans …
New E85 Station Opens in Atlanta
Holiday travelers in Atlanta might be singing “I’ll Have a GREEN Christmas Without You” to their old petroleum-only based gas pumps this holiday season, as the newest E85 station has opened in the area. The E-Z Trip Chevron, Indore Oil Company and Protec Fuel joined forces to launch the 14th E85 station early last week in the metro at 3601 …
State Corn Groups Work For Consumer Choice
State corn associations across the country are working to bring more choice for consumers at the pump through the use of higher blends of ethanol, such as E15. Several programs are in place to help retailers install the infrastructure needed for consumers to take advantage of EPA’s decision to allow E15 to be used in vehicles 2001 and newer. In …
Propel 8th Fastest Growing Company in Silicon Valley
Propel Fuels was recognized as the 8th fastest growing company in Silicon Vally by the Silicon Valley/San Jose Business Journal as part of their Fast Private Awards. The award was based on a three-year growth rate in revenues of more than 400 percent. Today, Propel operates 28 fueling locations throughout California and Washington state with more than 200 locations planned …
Blender Pump Opens in Cresco, Iowa
A new blender pump is opening today in Cresco, Iowa. Twenty-nine local investors applied and were approved for a Resource Enhancement and Protection grant (REAP). They group also received Iowa Infrastructure funding to aid with the costs of installation. The FAST STOP flex-fuel station is located at 22268 Highway 9 West, Cresco, Iowa. During a grand opening event today from …
FFV Drivers in Nebraska Save More at Pump
Flex fuel vehicles in Nebraska are on the rise. The state has shown an increase of FFVs by more than 20 percent from last year with greater than 143,000 registered in the state. FFVs can run on ethanol fuel blends up to E85 (85 percent ethanol, 15 percent gasoline). Many drivers are unaware they have an FFV. Most FFVs now …
Sacramento Gets New Biofuels Station
Sacramento, California has a new biofuels station selling both E85 and biodiesel. The station owned by Propel Fuels is co-located at the Mak’s Valero station at 1101 Broadway in downtown. The renewable fuel station is located near I-80, Business Route 80, I-5, Highway 50 and Highway 99. This is the ninth Propel station in the Greater Sacramento area due to …