HANLONTOWN, Iowa - Thanks in part to lower prices for ethanol, sales of E-85 are on the rise. In fact, E-85 sales are up 50 percent from last year and setting records, according to the Iowa Renewable Fuels Association.
Kelly Hanson, General Manager of POET Biorefining, says there are many factors that play into why the fuel is doing so well.
“The uncertainty in the Middle East has kept fuel prices quite high and also the recognition that it’s a cleaner fuel,” said Hanson.
Hanson says he expects the price to stay this low for a while. He says right now you could buy E-85 fuel for almost half the price of regular.