|
Monday, January 04, 2010 Volume 1, Issue 1Happy New Year from the FYI Newsletter, put together by the Growth Energy Market Development team. As you are no doubt aware, last year the National Ethanol Vehicle Coalition became part of Growth Energy, the coalition of U.S. ethanol supporters. We are working toward a future where mid- and high-level blends of fuel are available throughout the United States, and Growth Energy is in a great position to promote ethanol to policymakers, the public and our business partners in the marketplace. The FYI Newsletter has a slightly different look than you may remember, but it will still include the latest E85, blender pump and Flexible Fuel Vehicle (FFV) news twice a month. Please let us know if there is anything that you think you should be included in this newsletter. You can email the Growth Energy Market Development office at marketdevelopment@ethanolretailer.com. Read Growth Energy's blog posts on RenewableEnergyWorld.com Featured LinksBig Oil Letting Go of Retail OutletsMajor petroleum refiners have been under the gun recently over the sale of company-owned gasoline stations, The Wall Street Journal reports. Some retailers have filed complaints with companies like BP, ExxonMobil and Royal Dutch Shell because Big Oil has been shedding retail outlets. MSDS Sheets for Ethanol BlendsGrowth Energy and our partners have recently developed a Material Safety Data Sheet for blends of 20 percent ethanol (E20) and 30% ethanol (E30). A MSDS sheet is also available for E85. It is important that each retailer offering such blends print copies of this information and display this in a prominent location available to employees, should you offer these blends. Missouri Opens First Blender PumpMoscow Mills, Missouri is the site of the state’s first ethanol blender pump. Warrenton Oil Company recently unveiled four new pumps at its FastLane station at 240 College Campus Drive. The blender pumps offer E20, E30 and E85 along with gasoline. Blender Pump Tax Fix SoughtGrowth Energy, the coalition of U.S. ethanol supporters, is asking top Congressional tax writers to fix a program that is intended to promote the installation of pumps that dispense mid- and high-level ethanol blends. The problem is an IRS interpretation that retailers are only allowed to take credit for a portion of the new pump β instead of the entire pump. States Offer Additional Infrastructure Tax CreditsIn addition to the 50% up to $50,000 infrastructure tax credit that the Federal Government gives retailers for installing E85 pumps, many states offer incentives. Take a look at a few of the states that offer incentives for selling ethanol blended fuels. E85 Makes Inroads on Cost and AvailabilityThree years ago, we embarked on a Midwest road trip in search of what was then the Holy Grail of fuel: E85. Our findings weren’t too positive—there were far more E85-compatible vehicles on the road in 2006 (5 million) than there were E85 pumps to fuel them (about 700 out of some 200,000 fuel stations Dresser Wayne Promotes Blender Pumps
βItβs what we do. We sell blenders to everyone,β said Scott Negley, director of alternative energy products at Dresser Wayne. Blender pumps are gaining momentum across the country. They allow a retailer the flexibility to dispense various forms of gasoline and biofuels such as ethanol and biodiesel. Negley told me during the NACS show that 80 percent of the dispensers they sell are blender pumps. Attention Retailers! Become a Member of our TeamClearly, there are changes afoot that will make operating any business more complicated, and the fuel industry is on the frontline of these changes. Savvy fuel retailers are preparing for the future now, in part by incorporating alternative fuels into their offerings. Member Spotlight: Frank’s SunocoFrank’s Sunoco has recently joined as a member of Growth Energy Market Development team. The fueling station and food mart is located at 5391 State Road in Parma, Ohio. One of the first leaders in the Biofuels movement, Frank’s Sunoco offers E85, B20, regular and unleaded gasoline. New E85 and Blender Pump StationsAs of this publication, there are 2,096 E85 fueling stations across the U.S. including 132 blender pumps. Since the last publication of this newsletter, 171 stations have been added across the U.S. Letters to Growth EnergyThis section will highlight emails and letters Growth Energy has recently received. Letters to Growth EnergyPlease send comments, questions or suggestions to our Market Development Team and we will share them with our readers in our next FYI newsletter. Email questions, comments or suggestions to: marketdevelopment@growthenergy.org. Events CalendarTo submit a Calendar item, email marketdevelopment@growthenergy.org. GrowthEnergy represents the producers and supporters of ethanol who feed the world and fuel America in ways that achieve energy independence, improve economic well-being and create a healthier environment for all Americans now! |
This email was sent to ${recipient} | Unsubscribe | View web version | Forward to a friend
Growth Energy Market Development | 17220 Wright Street, Suite 150 | Omaha, NE 68130
marketdevelopment@growthenergy.org | (402) 932-0567, ext 211