Ethanol Production and Demand Peak

The Renewable Fuels Association reported last week that ethanol production and demand have reached an all-time high. According to data released by the Energy Information Administration (EIA) ethanol production in June was just over 854,000 barrels per day (b/d), or 1.08 billion gallons for the month. Based on data from the first six months of 2010, US ethanol production is running at 12.87 billion gallons on an annualized basis, 172,000 b/d more than in 2009.


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