Reported sales of both E15 and E85 hit record highs in Minnesota in 2023, according to new data released Wednesday by the Minnesota Department of Commerce. Minnesota is one of only two states (Iowa being the other) that specifically track sales volumes of E15.
The volume of E15 reported hit 127.6 million gallons, up 21 percent from 2022 and more than double the amount from just five years ago. Meanwhile, E85 sales reported to the Minnesota Department of Revenue hit 16.6 million gallons, up 8 percent from 2022 and the highest on record.
“When it comes to expanding the use of ethanol, Minnesota continues to set an excellent example for the rest of the country to follow,” said RFA President and CEO Geoff Cooper. “Minnesota families understand the economic and environmental benefits of using higher blends like E15 and flex fuels like E85; they know that choosing these lower-cost, lower-carbon fuels supports local farmers and creates good-paying jobs across the state. Our message to other states is simple: follow the North Star State’s lead on renewable fuels.”
E85 prices averaged $2.67 per gallon, $0.73 per gallon (21 percent) below the average price of $3.40 per gallon for regular gasoline. E15 prices averaged $3.24 per gallon, representing a 5 percent discount to regular gasoline. The data show 468 retail stations in the state offer E15 and 458 stations sell E85. This means more than one out of every five retail stations in the state offer E15, E85, or both. Taking into account those stations that did not report E15 and E85 volumes to state agencies, total estimated sales were 168.5 million gallons of E15 and 19 million gallons of E85.
Cooper noted that Minnesota consumers are at risk of losing the cost savings and environmental benefits of E15 unless the Biden administration or Congress moves quickly to allow continued sales of the low-carbon blend throughout the upcoming summer. Without action from Washington, Minnesota retailers offering E15 will have to stop selling the fuel on June 1.
Starting in 2025, Minnesota is one of eight Midwest states where the year-round sales of E15 will be allowed, due to EPA’s long-delayed final approval of the petition of eight governors to allow sales of the blend year-round.