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Billyk24

Unleaded 88 coming your way?

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Casey's in Crown Point changed their E10 - E15 spread now that regular is up at $3.149.  Now it's down to 4 cents from 5 cents. Maybe one day I can buy E15 and get more miles for fewer dollars.  I think 5 cents is about the biggest spread I've seen around here, and that isn't worth buying if E10 is more than $2.849 or so.  I guess I'll have to wait for the fall when prices go down again.

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Aw, shucky ducky!  This UNL88 stuff might be going mainstream!  I opened up the GasBuddy app today, and today I noticed there was a place to put in a UNL88/E15 price at for my local Family Express.  You can even search by UNL88 stations, though there are not many at all listed and I had to go and add a fuel for a couple of stations around here that do indeed carry E15.  Exciting times!

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Picked up some E15 before September 15th, just in case winter blends come sooner rather than later, a mere $2.249 a gallon with perks card.  That's like saving a virtual penny per gallon over E10 in energy/miles per dollar if there's a 5 cent spread!

It's been a month or so, but the data from GasBuddy isn't always so good on E15 prices.   There's a station near here that sells their E15 at 5 cents less than E10 pretty reliably.  For the past few days in the GasBuddy app, the E15 price has been 50 cents more than I would deduce it to be based on E10 prices.  The E15 price in the app just happens to be the price of the diesel the station also sells. 😕  E15 is labeled as Regular 88 at that station (Family Express).  Maybe recognition of what Regular 88 actually is is still filtering out slowly.  The E15 price was even 2 cents lower than the E85 price.  So much energy per dollar!

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https://twitter.com/CSPmagazine/status/1173661600756244482   Interesting little seminar on E15 pricing vs. E10 and various E15 concerns.   I like how my local Family Express chooses to just ignore all of it and try something different (for them): pricing E10 and E15 exactly the same, to the penny.  I've seen the 5 cent spread, the 2 cents spread, the 3 cent spread (I think), even the 10 cent spread down in Indy, but never the 0 cent spread.  I'll spoil the seminar for you, out of all the spreads tested (0 cents, 3 cents, 5 cents, 7 cents, 10 cents) the 0 cent spread had the worst outcome in sales. Same E15 sales, less E10 sales.  Anyway, looks like I'll be sticking to E10 for the foreseeable future.

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The 0-cent-spread experiment from Family Express continues, sometimes the cheapest fuel is E10 from a 0 cent spread station (Griffith East, Saint John), and sometimes its E15 from a station with a proper 5 cent spread (Highland). The previous fillup it was the latter($2.249 E15, I think), and it would have been the former on my last fillup except it was around midnight and Griffith East's zoning doesn't allow it to stay open that late, so I went to the sister station down the road (Family Express Griffith) and filled up with $2.209 E10 instead, which is unusual for me since I like to patronize the stations that carry higher ethanol blends.

There's a new station in Crown Point, a Citgo built in the last couple of months (already submitted to e85prices), and like Casey's, their new construction station carries not only E85 but also E15.  Looks like they're going with a 3 cent spread, where at these prices the spread would have to around 4.5 cents to be even on energy/miles per dollar.  We'll see if they adjust the spread to spur demand.

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This was probably just stale data.  The spread at Thornton's is usually 2 cents, so you can get a -3 cent spread from the E10 price moving down 5 cents and still having the old e15 pricing data.  Happens a lot (E10 prices are automated at a lot of stations, but E15 and E85 are not, so users input them instead irregularly.)

I do agree that there needs to be a universal pricing strat, around 5 cents or more.  0, 2 and 3 cent spreads won't cut it!

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Just some various E15 tidbits I've come across.

Filled up my tank last week at $1.899 with E15 at one of the few Family Express station with a 5 cent spread.  Still a lot of 0 cent spreads going around, I think locally I'm better off buying E10 instead of E15 since the stations with the cheap E10 also have a 0 cent spread between it and E15.  Oh well, I'm good for the moment.

Speaking of spreads and pricing, I came across this article: https://www.card.iastate.edu/ag_policy_review/article/?a=102  Spoiler, there needs to be a bigger discount between E10 and E15 just on energy content alone (saw the magic 58/58 - 57/58 or 1.7% discount mentioned and everything)!

Speaking of discounts, or lack thereof, I think there are a couple of stations out in MA that are carrying E15: https://www.gasbuddy.com/station/198186  When the prices are current, they are pricing it just under their Midgrade price, so the spread to E10 87 octane was an impressive negative 24 cents a gallon.  But that isn't even the worst spread I came up with.  Found this station down in FL: https://www.gasbuddy.com/station/8920  They seem to be pricing E15 under their premium price, so the spread is a gaudy negative 57 cents a gallon (yesterday, a mere 56 cents) compared to E10 87 octane.  One less octane *and* 57/58th the energy content(15% ethanol vs 10%, I'm assuming) than Midgrade, and 27 cents more.  No thanks times 3!

In other news, seems that the 5000th E85 station has opened in the US, this one: https://www.caseys.com/general-store/ia-ankeny/3605-nw-irvinedale-dr/3827  Now this is a station with very nice 10 cent E10 (Super 87) to E15 (UNL88) spread, break-even at these prices has to be around 3 cents or so, so 7 extra cents over that is a hell of a deal!

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