New Iowa law cuts Big Oil's influence on biofuel sales

07/1/2013 |

A new Iowa law blocks oil companies from using supply agreements to obstruct the sale of ethanol and biodiesel blends at the retail level. Included are provisions protecting retailers from being contractually obligated not to install blender pumps or use existing facilities for higher biofuel blends. "These new protections amount to a 'Retailer Bill of Rights,' providing relief from Big Oil's heavy-handed, branded contracts that often dictate if and how retailers offer certain fuels, like E15 and E85," said Monte Shaw, executive director of the Iowa Renewable Fuels Association.

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