Iowa consumers and the state’s economy will benefit from legislation adopted last night by Iowa lawmakers protecting the long-standing practice of locally blending biofuel products. Fuel distributors and retailers led lobbying efforts to pass the new law requiring major oil refiners to offer Iowa businesses unblended gasoline and diesel, so they can locally blend ethanol and biodiesel products manufactured in Iowa.
“This legislation helps Iowa farmers, Iowa businesses and Iowa consumers by maintaining competitive fuel prices and promoting the state’s leadership position in biofuel production,” said Dawn Carlson, president of the Petroleum Marketers and Convenience Stores of Iowa. “Petroleum retailers in Iowa have led the way in renewable fuels blending and marketing for more than 30 years. Last night, state lawmakers did great work protecting the interests of all Iowans and ensuring that we will be able to continue offering Iowa produced fuels.”
In Iowa, retailers and distributors have been selling various blends of ethanol-blended gasoline and biodiesel to customers. As the federal renewable fuels standard (RFS) mandates higher sales of renewable fuels, Iowa marketers will continue to play a vital role in supporting the RFS and doing our part to make renewable fuels available to customers.