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PRESIDENT’S PERSPECTIVE

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RISK MANAGEMENT

RISK MANAGEMENT

Infrastructure Funding Remains Priority One

Infrastructure funding remains FUELIowa’s number one legislative priority. Specifically, we are requesting an increase to the Renewable Fuel Infrastructure Grant Program (RFIP) Appropriation from 10 million to $17.92 million.

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We are also seeking an increase in the individual grant opportunities from $50,000 or 70 percent of cost to $160,000 or 75 percent of cost.

The recent message conveyed to the leadership of the Iowa Senate and House and members of the Appropriations and Agricultural and Natural Resources committees is not without foundation.

The ethanol interest groups proposing the Nebraska E15 Access Standard have proposed a $150,000 cost share grant program to incentivize retailers to make upgrades and offer E15. The Nebraska proposal does not require the installation of E85 compatible equipment.

The USDA grant programs targeting E15 infrastructure investment provides applicants the opportunity to receive up to $160,000 for a project involving replacement of 4 dispensers, 1 product line and 1 underground storage tank.

FUELIowa is committed to advancing the goal and requirements of the E15 Access Standard Act. We are committed to the sale of liquid fuels. Success requires for all stakeholders to recognize increases in the RFIP grant funding and cost share incentives will assist the Iowa retail distribution network to upgrade their infrastructure.

We look forward to continuing to make the business case for an increase in the RFIP grant appropriation and an increase in the individual grant opportunities.

Board Of Directors

Chris Biellier Associate Director

Seneca Companies Davenport | 563-332-8000

Chad Besch Director New Cooperative

Algona | 515-295-2741

Don Burd Director

Otter Creek Country Store Cedar Rapids | 319-533-1825

Ronald N. Langston President & CEO FUELIowa 515-224-1599

Executive Committee

Joseph Zietlow Chair Kwik Trip, Inc La Crosse, WI 608-793-6484

Keith Olsen Vice Chair Olsen Fuel Supply Atlantic 712-243-2340

Tessa Fahey Treasurer Rainbo Oil Dubuque 563- 526-1179

Bev Jessen Past Chair Johnson Oil/ Cylinder Express Battle Creek 712-365-4740

Nathaniel Doddridge Director Casey's General Stores Ankeny | 515-446-6239

Tia Eischeid Director Al’s Corner Oil Co Carroll | 712-673-2723

Wade Fowler Associate Director Core-Mark Midcontinent, Inc. DBA Farner-Bocken Carroll | 641-777-0308

Steve Kimmes Director Kimmes Enterprises LLC Carroll | 515-681-7890

Nate Lincoln Director Lincoln Farm and Home, Inc. Glenwood | 712-527-4833

Dave Reif Director Reif Oil Company Burlington | 319-752-9809

Scott Richardson Director Key Cooperative Roland | 515-291-0623

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