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Ethanol production hit's highest for the year.
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JonSCKs
Posted 4/16/2014 18:51 (#3820327 - in reply to #3820155)
Subject: Not just about domestic demand..


Well as I have shown ("uh-hum" not intended.. lol) and Insider has reported.. the weekly EIA data "jumps around" a little bit.

However, we ARE exporting product..  Here is the EIA data.. assumedly a little more reliable.. on monthly exports.

U.S. Exports of Fuel Ethanol (Thousand Barrels)
(thousand="" barrels)="">
YearJanFebMarAprMayJunJulAugSepOctNovDec
  20103245191,1539734143876037079298349301,717
  20111,3641,4252,0032,8651,7431,6043,0361,2462,5252,8953,6344,117
  20121,8191,7851,9921,7751,3971,4101,5191,2061,1911,2849651,313
  20131,5181,0171,4079759768148391,1901,2881,2671,9641,544
  20142,054

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m_epooxe_eex_nus-z00_mbbl&f=m

Again we ONLY have data up through January.. (try as I might.. *:-/ confused

However, up until the ethanol price spike.. it appears that we were gaining customers.  Through the summer it would appear that Brazil takes over.. (just like the beanies..) and from time to time we import from them.. and like this past winter..  They import from us..

U.S. Exports to Brazil of Fuel Ethanol (Thousand Barrels)
(thousand="" barrels)="" to="" brazil="">
YearJanFebMarAprMayJunJulAugSepOctNovDec
  2010609770000795009191
  20110635871,56956321869101,1181,1431,7141,754
  2012628223236137032240800091
  201315314022229706300104341
  2014570

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M_EPOOXE_EEX_NUS-NBR_MBBL&f=M

We also sell to others..

http://www.eia.gov/dnav/pet/pet_move_expc_a_epooxe_eex_mbbl_m.htm

If we use.. 12.8 bil gallons domestically.. then we only need to export.. 1.2 billion gallons.. or.. 1,200/42 = 28.57 thousand barrels.. which we did in 2011.. in order to reach the 14 billion gallon target.  There's no reason that the US can not become the Saudi Arabia of ethanol..

U.S. Exports of Fuel Ethanol (Thousand Barrels)
(thousand="" barrels)="">
DecadeYear-0Year-1Year-2Year-3Year-4Year-5Year-6Year-7Year-8Year-9
  2010's9,48828,45717,656

14,799

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m_epooxe_eex_nus-z00_mbbl&f=a

The production decline has been hampered by the droughts and high corn prices as well as the recession.  If grain prices soften.. we should become more competitive.

Again, ethanol is the cheapest octane on the planet.

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