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.
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4 comments:
You are right- I have 18 stores at $1.949 and gas is at $2.749
So are your E85 sales through the roof or what?
Why is Meijer so out to lunch on E85?
Pretty good LOL. Not in a high population area like you are. Of the 18 sites I have only 3 are in cities of 20,000+ thus the % of FFV's is a limiting factor.
Outlaw/Alcohol
Hey Buzzcut-- I know you like to debate local politics. I would like your input on an alternative to current energy policy over at;
http://e85vehicles.com/e85/index.php/topic,2906.0/topicseen.html
I posted this today after listening to a govt employee LOL
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