Monday, March 15, 2010

Volume 1, Issue 6

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@growthenergy.org.

 

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Growth Energy Now Offering Blender Pump Financial Support

Growth Energy’s Market Development team is now offering funding to retailers to assist in ethanol blender pump infrastructure. Grants of $2,500 and $5,000 are now available on a first come, first serve basis to vendors who wish to install new or convert existing equipment for ethanol fueling. These grants are in addition to any Federal or state grants or incentives a retailer may be eligible.

“There are over 8 million flexible fuel vehicles across the country with more being produced in each model year. Unfortunately, of the 161,000 gasoline stations in the U.S. only 2,200 offer E85 where FFVs may fuel up with a high level blend of domestic, renewable fuel such at 85% ethanol . . . another 133 offer mid-level blends,” said Growth Energy Market Development VP, Phil Lampert. “Growth Energy is pleased to offer this assistance to retailers across the nation and we hope that they avail themselves of this unique opportunity.”

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Growth Energy Admitted to PEI

Growth Energy is now an official member of the Petroleum Equipment Institute (PEI), the leading authority for petroleum and energy handling equipment.

The Petroleum Equipment Institute is a trade association whose members manufacture, distribute and service petroleum marketing and liquid-handling equipment. Founded in 1951, PEI represents more than 1,600 member companies located in all 50 states and more than 80 countries. Members include manufacturers, sellers and installers of equipment used in service stations, terminals, bulk plants, fuel, oil and gasoline delivery, and similar petroleum marketing operations.

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South Dakota Passes Blender Pump Legislation

A bill that will allow $1 million to retailers in the State of South Dakota to install ethanol blender pumps has passed legislation. House Bill 1192 will use funds through the American Recovery and Reinvestment Act of 2009. The prime sponsor of the bill was Representative Mitch Fargen and the Governor of South Dakota is expected to sign the bill soon.

Up to $10,000 can be used at each fueling facility to install blends of ethanol up to E85, but must be used between April 1 and May 28. Stations are allowed to use more than $10,000 if installing more than one blender pump.

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Growth Energy Board Member Goes Fishin’ and Promotes Ethanol

General Manager of Siouxland Energy and Livestock Coop and a board member of Growth Energy, Bernie Punt, was recently asked to fish with the producer of the TV show, “Fishing the Midwest”, Bob Jensen. Jensen, is an advocate for ethanol and wanted to educate viewers on the importance of the renewable product and the benefits it provides.

Punt caught walleyes, perch, and smallmouth bass on Waubay Lake in South Dakota while he spoke about the alternative fuel,“While we were fishing, we discussed how ethanol helps keep our environment clean and healthy, reduces our dependence on foreign oil, and creates 1000’s of jobs in the US. Increasing ethanol production will not be bad for the environment as many currently think. We are no longer using harmful herbicides that harm the environment, but that are chemically friendly. Streams and lakes have been cleaner than before. This is farmers’ and ethanol producers’ livelihood.”

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Growth Energy Responds to KSTP News Broadcast

WASHINGTON, DC – Growth Energy, the coalition of U.S. ethanol supporters, issued the following statement in response to a story aired Monday night on Minneapolis TV station KSTP that examined Minnesota’s effort to increase the amount of domestic, renewable, clean-burning ethanol blended into gasoline.

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U.S. Agriculture Secretary Says He’s Optimistic E15 Will Receive Federal Approval

Agriculture Secretary Tom Vilscak said today that all signs point to federal approval of E15 - an ethanol-containing automotive fuel that’s 15 percent ethanol and 85 percent gasoline.

“I am optimistic on E15 because there has been some indication from the Department of Energy that in their tests of newer-model vehicles with E15, it does not create any problems,” Vilsack told reporters after testifying at a Senate Appropriations hearing today. “I think that’s a good sign.”

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Pilot Celebrates New Ethanol Purchase Locations With Discounts

On March 5, four Tennessee Pilot locations offered special pricing on E85 as part of its introduction of two new east Tennessee purchase locations for the alternative fuel. Pilot has added new pumps at the Strawberry Plains Pike and Crossville locations in East Tennessee and at I-40 exit 172 in Dickson, Tenn.

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Missouri Offers Alternative Fuel Infrastructure Tax Credit

Business owners who invest in alternative fuel infrastructure projects in Missouri may be eligible for a new state tax credit. For the 2009 through 2011 tax years, eligible applicants who install and operate alternative fuel vehicle refueling property may be allowed a credit for the tax year when the infrastructure was constructed.

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Report, Authored by Former OPEC Official, Overlooks Value of Domestically-Produced Ethanol

Growth Energy, the coalition of U.S. ethanol supporters, issued the following statement in response to a Biofuels Assessment Report commissioned by the International Energy Forum (IEF) that is critical of domestic biofuels. The report, “Biofuels: Potential and Limitations,” was written by Claude Mandil, former IEA executive director and Adnad Shihab-Eldin, former acting secretary general of OPEC.

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New and Renewed Growth Energy Market Development Members

Caglalan, Inc.
Dresser Wayne
Harms Oil Company
Max Arnold & Sons, LLC
Greater New Haven Clean Cities Coalition

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New E85 and Blender Pump Stations

As of this publication, there are 2,113 E85 stations including 132 blender pumps. Below is a listing of those opened since our last publication.

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Letters to Growth Energy

Please 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 Calendar

To 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!