With Meijer now gouging their E85 customers again, I've revistied my spreadsheet where I calculate E85 prices based on the spot market for ethanol and unleaded, including the blender credit.
E85 in Indiana should cost between $1.98 and $2.10 a gallon. Meijer currently has it at $2.70 a gallon.
Can you say gouging?
Back in the bad old days of last summer, they priced E85 50 cents a gallon cheaper than regular. That would be about $2.15 a gallon now, which I think would be a very fair price.
One wonders why they price E85 as they do. They can't be selling any at these prices.