Iowans Can Save with Higher Biofuel Blends
March 16, 2022
Gas prices are hitting record highs, but Iowans can save with E85 and E15
Contact: Cassidy Walter
JOHNSTON, IOWA – At a time of record gas prices, Iowans can save by choosing the highest biofuel blend their engine will allow.
Flex-fuel vehicles (FFV) are approved to use any ethanol blend up to E85. A quick way for Iowans to discover if they drive an FFV is to check their owner’s manual or look for a yellow gas cap.
Those who don’t drive an FFV can still save 10 to 30 or more cents a gallon in some cases with E15/Unleaded 88. E15, often marketed as Unleaded 88, is approved for all 2001 and newer vehicles.
“Biofuels have been saving Iowans money at the pump for many years but now it is more important than ever,” said Iowa Renewable Fuels Association (IRFA) Executive Director Monte Shaw. “These days every penny counts and biofuels are here to help.”
IRFA regularly tracks and reports wholesale E85 prices. Below are prices from March 14. The most expensive wholesale supplier was still selling E85 for over $1 cheaper than ethanol-free fuel.
E85 Wholesale Prices
March 14, 2022 Prices. Posted March 15, 2022.
|Supplier Name||Location||Price*||Ethanol Content||Source|
|Absolute Energy||St. Ansgar, Iowa||$1.94||70%||DTN|
|Apex Oil||Des Moines Terminal||$1.99||70%||OPIS|
|Cenex||Des Moines Terminal||$2.15||70%||OPIS|
|Coffeyville Resources||Des Moines Terminal||$1.95||70%||OPIS|
|Flint Hills Resources||Des Moines Terminal||$2.08||70%||OPIS|
|Growmark||Des Moines Terminal||$2.04||70%||OPIS|
|HollyFrontier||Des Moines Terminal||$2.02||70%||OPIS|
|HTP Energy||Des Moines Terminal||$2.02||70%||OPIS|
|Little Sioux Corn Processors||Marcus, Iowa||$1.95||70%||DTN|
|RPMG||Des Moines Terminal||$2.20||70%||DTN|
|RPMG||Mason City Terminal||$2.19||70%||DTN|
|The Andersons-Denison||Denison, Iowa||$2.00||73%||DTN|
|Valero Corp.||Des Moines Terminal||$2.10||70%||OPIS|
|World Fuel Services||Des Moines Terminal||$1.89||70%||OPIS|
*Prices rounded to nearest penny.
Comparative Price Information
|Rack Average Clear Regular Gasoline||Des Moines Terminal||$3.29||0%||OPIS|
|Rack Average E10||Des Moines Terminal||$2.93||10%||OPIS|
The Iowa Renewable Fuels Association represents the state’s liquid renewable fuels industry and works to foster its growth. Iowa is the nation’s leader in renewable fuels production with 42 ethanol refineries capable of producing 4.5 billion gallons annually – including 34 million gallons of annual cellulosic ethanol production capacity – and 11 biodiesel facilities with the capacity to produce 410 million gallons annually. For more information, visit the Iowa Renewable Fuels Association website at: www.IowaRFA.org.