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Renewable Fuels Association Releases November 2007 Ethanol Production and Demand Numbers (01/30/08) |
Date: January 30, 2008 Source: Grainnet Washington, DC—American ethanol producers are rising to meet the growing demand for ethanol around the country. According to Energy Information Administration (EIA) data, U.S. ethanol producers averaged 479,000 barrels of daily output (b/d). Likewise, demand for ethanol also climbed to 497,000 b/d, as calculated by the Renewable Fuels Association. The RFA released the following statistics: November 2007 Statistics mg = million gallons; b/d = barrels per day • Fuel Ethanol Production ... 603.0 mg ... 479,000 b/d • Fuel Ethanol Use ... 625.9 mg ... 497,000 b/d • Fuel Ethanol Stocks ... 470.1 mg ... 22.5 days of reserve • Fuel Ethanol Exports ... 0.0mg^ ... n/a • Fuel Ethanol Imports ... 13.4 mg* |
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