I forgot the blender credit in my calculation.
With the blender credit, I get $3.11 per gallon. That's with no station profit in there.
So Meijer is making roughly 40 cents a gallon on E85.
I wonder how much of the capital cost of the new E85 pump and tank add to a gallon of E85.
Also, anyone know if all the federal and state taxes apply to E85? How about the sales tax? I didn't have the sales tax in there.
Just adding a 7% sales tax brings the price up to $3.32 a gallon.