Iowa blender pump founds run out again thanks to high demand

In Iowa, due to rising retailer interest in offering higher blends of biofuels, the Iowa Renewable Fuels Infrastructure Program Wednesday awarded all of its remaining FY18 funds during its third quarter meeting.

During the third of its four scheduled meetings, the RFIP board awarded funds to 15 projects for retailers around the state to install the necessary equipment to offer higher blends of ethanol and biodiesel. Due to lack of funds, some retailers were turned away and no funds remain for any fourth quarter applications. This is the second straight year that demand has exceeded funding for the program.