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September 05, 2007 | Jim Lane | Comments 0

Wisconsin gasoline retailers sue Renew85, Utica Energy for unfair pricing

A lawsuit has been filed by 42 gasoline retailers  of 42 gasoline stations in Wisconsin against Utica Energy and Renew 85, for selling ethanol blended fuels at below the minimum market price. There have been complaints filed previously against biofuel retailers, but the Wisconsin State Governor had requested that no action be taken on the complaints.

The Wisconsin Unfair Sales Act requires fuel retailers to sell at a minimum 9.18% markup over terminal prices.

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