Grainnet

Johnston, IA – The Iowa Renewable Fuels Association (IRFA) today announced that nearly 70% of Iowa gasoline sales were blended with ethanol in 2006. This is a drop from 2005 when 75% of Iowa gasoline contained ethanol.

“Iowa’s ethanol sales are strong, but there’s definite room for improvement,” said Monte Shaw, IRFA Executive Director.

“When you remember that MTBE removal on the coasts led to robust ethanol prices this summer, these sales figures are still pretty exciting."

"IRFA also estimates that E85 sales will break the 2 million gallon mark–triple last year–and continue to escalate rapidly,” he added.

“In many states ethanol is blended into nearly every gallon of gasoline,” added Shaw.

“Iowa is the leading renewable fuels producer and with the 25% Iowa Renewable Fuels Standard we can become the leading consumer of renewable fuels as well."

Iowa is the leader in renewable fuels production. Iowa has 26 ethanol refineries with the capacity to produce over 1.7 billion gallons annually.

There are 21 ethanol refineries under construction or expansion that will add 1.6 billion gallons of annual capacity. In addition, Iowa has 14 biodiesel refineries with a combined annual capacity of over 315 million gallons either in operation or under construction.

Many additional renewable fuels projects are under development.

For more information, call Monte Shaw at 515-252-6249.

See Related Websites/Articles:

• Iowa Renewable Fuels Association

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