SAN DIEGO, Feb. 15, 2023 /PRNewswire/ -- Pearson Fuels, the country's largest E85 distributor, has opened its 300th retail E85 site. The latest addition to the San Diego-based company's E85 network is located at 8617 Cuyamaca St., Santee, California.
"E85 is a valuable profit center at our existing stations; we see it as a fuel that will grow in the future," said Martin Salem, owner of the Santee location. Salem offers E85 at five of his other retail stations and plans to add E85 to several additional locations.
E85 is priced at a substantial discount to gasoline at a retail station near San Diego on Feb. 13, 2023
E85 is priced at a substantial discount to gasoline at a retail station near San Diego on Feb. 13, 2023
E85 is a renewable, biomass-based, low-carbon, high-octane fuel compatible with flex fuel vehicles (FFVs). The fuel's usage has dramatically increased across California; Pearson Fuels predicts the state will set its 16th record in 17 years when the official 2022 volume data is released by the California Air Resources Board. E85 in California is typically priced at least 70% of the price of regular unleaded gasoline.
"In the current state of the economy, E85 is a no-brainer," said Pearson Fuels Managing Partner Doug Vind. "Part of our 2022 growth came from last year's severe gasoline price spikes which saw E85 priced nearly $3 per gallon cheaper than regular unleaded gasoline. In 2022 alone, we estimate FFV owners using E85 saved upwards of $200 million at the pump. E85 is both a buffer and a bridge to California's aggressive clean fuel policies. Electrification of California's vehicle fleet will take many years to successfully implement. In the meantime, there are over a million FFVs on California roads capable of using E85 today."
More than 200 additional E85 sites are contracted to open over the next few years with Pearson Fuels. The Nebraska Corn Board, Missouri Corn and the Kansas Corn Commission have contributed grant funding, which allows the company to accelerate the growth of E85 across California.
Visit pearsonfuels.com and download the company's E85 Station Finder app to quickly and efficiently locate E85 stations throughout California.
SOURCE Pearson Fuels
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌍 Technip Energies and Shell Catalysts & Technologies Join Forces to Advance Carbon Capture Solutions ⚡ FuelCell Energy Announces Global Restructuring, Focusing Core Technolo...
Inside This Issue 🌍 COP29 Countries Endorse Global Carbon Market Framework 💧 Hydrogen Produced at Scale Using Biological Process Combining Carbon Capture 🎯 Starmer: New UK Target for 81% Emissions...
Inside This Issue 🌍 CARB Raises Carbon Intensity Reduction Targets of LCFS to 30% in 2030 and 90% by 2045 🌪️ COP29: the UAE, Host of COP28, is First to Submit Its New National Climate Plan, but Fa...
PARIS--(BUSINESS WIRE)-- Pursuing the development of its low-carbon hydrogen ecosystem in the Normandy industrial basin, Air Liquide (Paris) will invest 50 million euros in a new hydrogen packaging...
Rio Tinto and GravitHy Join Forces to Accelerate the Decarbonisation of Steelmaking in Europe
LONDON--(BUSINESS WIRE)-- Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy’s steel decarbonisation project in France.As...
Center for Transportation and the Environment to Lead Innovative Battery-Free Fuel Cell Bus Project
ATLANTA, Nov. 14, 2024 /PRNewswire-PRWeb/ — The Center for Transportation and the Environment (CTE) has launched a battery-free Fuel Cell Dominant Proof of Concept project under the FTA-sponsored T...
DANBURY, Conn., Nov. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced a global restructuring of its operations in the U.S., Canada, and Germany that aims to significantly...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.