Stagnito Media Convenienece Store News Convenienece Store News Single Store Owner Progressive Grocer The Gourmet Retailer Progressive Grocer Store Brands Retail Leader hispanic
 
Oct 12, 2011

Coalition Forms to Protect Consumer Access to E85

PrintCoalition Forms to Protect Consumer Access to E85  

WASHINGTON, D.C. -- A group of retailers, producers, equipment manufacturers and others have formed the Coalition for E85, a campaign to protect the 2,500 small businesses that have invested in the ethanol fuel and halt a multi-million dollar tax hike on consumers, according to a press release from the new group.

"E85 is not only an alternative fuel, it is our nation's most widely adopted alternative fuel," said Matt Horton, CEO of Propel Fuels, one of the lead members of the Coalition for E85. "If we are to make a meaningful dent in our dependency on foreign oil, we must expand E85 infrastructure and ensure this fuel has fair tax treatment."

The current tax credit for ethanol fuel is set to expire at the end of this year and that would cause drivers of flex-fuel vehicles to pay as much as 38 cents more per gallon, according to the coalition. It could also force businesses that have invested more than a combined $100 million in E85 to shut down their pumps.

The new coalition urges the IRS to recognize E85 as a true alternative fuel such as natural gas or propane and not an additive. It also supports the development, commercialization and innovation of biofuels, and is pushing for the inclusion of E85 in a group of alternative fuels that receive a 50-cent-per-gallon tax credit.

"The impacts on the price and availability of E85 will be dramatic," said Todd Garner, CEO of Protec Fuels, another member of the Coalition for E85. "We must not abandon E85 this close to self-sustainability. We hope retailers, producers, auto makers and others concerned about the future of E85 will stand up and fight with us. Join the coalition and let our government's leaders know why E85 is critical."

Current members of the Coalition for E85 include Propel Fuels, Protec, Pearson Fuels, Clean Fuels Development Coalition, multiple ethanol industry associations, pump and tank companies and individual E85 retailers. For more information, send an e-mail to info@CoalitionforE85.org.








Find Reports & Data

CSNews' 2011 Realities of the Aisle Consumer Study

Consumers are shopping convenience stores slightly more often than they were a year ago, but the nation’s economic doldrums continue to be a drag on spending, according to Convenience Store News’ annual consumer study – Realities of the Aisle 2011.

CSNEWS 2011 Foodservice Study

After reporting a 6.1-percent sales increase in 2010, convenience store retailers expect to generate increased sales and profits from their foodservice operations this year.

CSNews' 2011 Industry Report Study

The convenience store industry had a good year last year. The 13.5 percent total industrywide sales increase was a big improvement over the more than 20-percentage point drop in 2009.

CSNews 2011 New Products Scorecard

The success rates for new items introduced to the convenience store industry last year were down in all seven major product categories tracked in the Convenience Store News New Product Scorecard, but retailers nevertheless increased the number of new items on their shelves and increasingly relied on store associates to make consumers aware of those products.

CSNews 2011 Industry Forecast Study

Although the recession is officially over, consumers in the U.S. remain “mad as hell” and “frustrated” by the slow pace of recovery.



SUBSCRIBE TO E-NEWSLETTER SUBSCRIBE TO E-NEWSLETTER


Today's New Product


Insulated Beverage Dispensers
These stainless-steel insulated beverage dispensers provide greater performance and durability in the coffee, tea and beverage category, the manufacturer stated.
Featured Videos

Loading...
Playlist

Related Videos
Professional Network


Stagnito Media
570 Lake Cook Rd, Suite 310
Deerfield IL 60015
Ph: 224-632-8200
Fax: 224-632-8266

Privacy Policy
Print / Electronic Media
Convenience Store News
CSNews for the Single Store Owner
Progressive Grocer
Progressive Grocer's Store Brands
The Gourmet Retailer
Retail Leader
Marketing Guidebook
Directory of Convenience Stores
Events
Hispanic Retail 360

Custom Media