Head to your local filling station and you might see a new blend of gas at the pump. After a three-year regulatory process, the Environmental Protection Agency approved E15 – gas made with 15 percent ethanol – this summer.
Most gas we pump is already blended with ethanol, sometimes it contains as much as 10 percent, but the ethanol industry fought hard to bring E15 to the market. For ethanol backers and the farmers who feed the ethanol industry, getting drivers to pump gas with 50 percent more ethanol is a big win.
The Triple A’s average price for a gallon of regular gas this week is three dollars and ninety cents a gallon. That has a lot of people thinking about how much and where they drive. Iowa Public Radio’s Pat Blank reports, it’s also taking a bite out of some volunteer programs like Meals on Wheels.
Gas prices are at record highs for this time of year, and experts predict the rise won't be ending soon. We'll examine what's driving current crude oil prices and what it means for Iowa's economy with the Iowa Department of Agriculture's Harold Hommes and Creighton University Economics Professor Ernie Goss. Later, the Iowa DNR has been surveying groundwater supplies across the state. Results indicate some Iowa cities need to start planning immediately to drill new wells or to pipe in water from new resources.