U.S. ethanol producers continue setting new records for production. According to the Energy Information Administration, American ethanol facilities produced 728-thousand barrels per day in July of 2009. That is up 114-thousand from a year ago.
Ethanol demand, as calculated by the Renewable Fuels Association, continues to outpace production. According to RFA, demand was 748-thousand barrels per day in July. That’s up from 635-thousand one year ago.
EIA also reports fuel ethanol imports of 42.4 million gallons in July. RFA says there is a 19.1 day reserve ethanol.
source: hoosieragtoday
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