E85 drops to more than $1 lower than wholesale gasoline

July 12, 2015 |

In Iowa, the Iowa Renewable Fuels Association’s E85 Wholesale Price Listing Program detailed that E85 is priced at up to a $1.14 discount to petroleum-based gasoline, a 50% overall discount per gallon and representing a savings, on an energy-density or cost per mile basis, or up to 29% lower.

According to the wholesale price listings, E85 (which contains between 70 and 85 percent ethanol), is wholesaling at Absolute Energy at $1.15 per gallon and $1.15 from Little Sioux Corn Processors. At the other end of the scale, E85 is being offered by HollyFrontier at as much as $1.80 per gallon, which is not cost-competitive with gasoline. The break-even point for E85, based on $2.28 per gallon wholesale gasoline, is around $1.64.

More on the story.

E85 Wholesale Prices

 

Supplier Name Location Contact Info. Price* Ethanol Content Source
Absolute Energy St. Ansgar, Iowa Don BurnsAbsolute Energy

641-326-2220

$ 1.14 83% DTN
Cenex Des Moines Terminal $ 1.62 70% OPIS
Flint Hills Resources Des Moines Terminal $ 1.50 70% OPIS
HollyFrontier Des Moines Terminal $ 1.80 70% OPIS
Little Sioux Corn Processors Marcus, Iowa Emily BlackRPMG

952-465-3239

$ 1.15 83% DTN
Quad County Corn Processors Galva, Iowa Matt CarterEcoEnergy

615-786-0404

$ 1.30 85% Company Website
RPMG Des Moines Terminal Emily BlackRPMG

952-465-3239

$ 1.50 70% OPIS
Siouxland Energy Cooperative Sioux Center, Iowa Tom MillerSiouxland Energy

712-722-4904

$ 1.26 80% Company Website
The Andersons-Denison Denison, Iowa John DiMartiniThe Andersons

419-891-6491

$ 1.24 85% DTN
Valero Corp. Des Moines Terminal $ 1.49 70% OPIS

*Prices rounded to nearest penny.

 

Comparative Price Information

 

Des Moines Rack Average Clear Regular Gasoline(for comparison) $ 2.28 OPIS

Category: Fuels

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