Fuel stations want more money for E15 requirement
February 23, 2022 |
Iowa Capital Dispatch
February 14, 2022
"If you're going to have to pay an arm and a leg or anything that's astronomical, you're going to be exempted," said Natham Hohnstein, the policy director for the association. "Unfortunately, in Iowa we have an old tank issue. We have tanks that date back to 30, 40, 50 years that are still in use.
But the exemptions, as they stand right now, are gimmicks, said Nicole Johnson, chief financial officer of Molo Companies and a board member of FUELIowa, which opposes the E15 bill in its current form. The state grants for the upgrades will likely only pay to route E15 to one fuel pump, she said, and smaller convenience stores often have four pumps. It doesn't make sense to spend tens of thousands of dollars to replace a tank and only connect it to one pump, she said."