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JonSCKs
Posted 7/23/2014 12:58 (#3982241 - in reply to #3982058)
Subject: US Ethanol is the lowest transport fuel and Cheapest Octane in the World.


(July 22, 2014) WASHINGTON, D.C. — Ethanol produced in the United States has been the most economically competitive motor fuel in the world over the past four years and has played an important role in reducing consumer fuel costs, according to a new analysis released today by the Renewable Fuels Association (RFA).

The analysis, conducted by ABF Economics, examined actual wholesale prices paid for ethanol, gasoline, and alternative octane sources in several key U.S. and world markets in the 2010–2013 timeframe. Based on the market data, the report concludes that “…U.S.-produced ethanol is an exceptionally competitive additive and fuel source…” and that “…U.S. ethanol has emerged as the lowest cost transportation fuel and octane source in the world over the past several years.”

Commenting on the analysis, RFA President and CEO Bob Dinneen said, “As proven by the recent boom in exports, American-made ethanol has evolved into the most cost competitive transportation fuel and octane source in the world. Through rapid technology adoption and innovation, U.S. producers have proudly earned the distinction of being the global leader and low-cost producer of clean-burning, renewable ethanol.” - See more at: http://www.ethanolrfa.org/news/entry/new-analysis-u.s.-ethanol-is-lowest-cost-motor-fuel-octane-source-on-planet/#sthash.9p4mCI0I.dpuf

Here's a link to the report.. http://www.ethanolrfa.org/page/-/rfa-association-site/studies/Economic_Competitiviness_Study.pdf?nocdn=1

It's good to see the info.. and it's true.  With the break in prices ethanol production is booming.. for instance the weekly EIA data is out..

Production is back near the highs.. at 959 2nd highest this year.. Yal dog!!

  2014-Jan01/03 919   01/10 868   01/17 905   01/24 900   01/31 895   
  2014-Feb02/07 902   02/14 903   02/21 905   02/28 894       
  2014-Mar03/07 869   03/14 891   03/21 885   03/28 922       
  2014-Apr04/04 896   04/11 939   04/18 910   04/25 898       
  2014-May05/02 894   05/09 922   05/16 925   05/23 927   05/30 938   
  2014-Jun06/06 944   06/13 972   06/20 938   06/27 953       
  2014-Jul07/04 927   07/11 943   07/18 959           

 http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_YOP_NUS_MBBLD&f=W

and yet stocks were actually down this week..

 2014-Jan01/03 16,138   01/10 16,078   01/17 17,018   01/24 16,932   01/31 16,739   
  2014-Feb02/07 17,062   02/14 17,203   02/21 17,024   02/28 16,611       
  2014-Mar03/07 15,908   03/14 15,277   03/21 15,653   03/28 15,875       
  2014-Apr04/04 16,407   04/11 15,952   04/18 16,518   04/25 17,212       
  2014-May05/02 17,140   05/09 17,302   05/16 16,990   05/23 17,489   05/30 18,250   
  2014-Jun06/06 18,422   06/13 17,850   06/20 18,183   06/27 18,204       
  2014-Jul07/04 18,286   07/11 17,945   07/18 17,940           

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPOOXE_SAE_NUS_MBBL&f=W

as blender's useage is running at a pretty decent clip..

  2014-Jan01/03 756   01/10 797   01/17 802   01/24 815   01/31 801   
  2014-Feb02/07 816   02/14 806   02/21 835   02/28 846       
  2014-Mar03/07 841   03/14 845   03/21 857   03/28 850       
  2014-Apr04/04 852   04/11 848   04/18 853   04/25 865       
  2014-May05/02 846   05/09 890   05/16 886   05/23 895   05/30 862   
  2014-Jun06/06 869   06/13 891   06/20 891   06/27 883       
  2014-Jul07/04 883   07/11 851   07/18 872   

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=w_epooxe_yir_nus_mbbld&f=w

Exports are reportedly less often but so far so good.. and should see things improve as prices have fallen..

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M_EPOOXE_EEX_NUS-Z00_MBBL&f=M

U.S. Exports of Fuel Ethanol (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
  20142,0541,6052,1391,585  

All of this is supporting the stock prices of ethanol companies.. At least something is going up..

http://finance.yahoo.com/q?s=GPRE

Even Pacific Ethanol has moved higher..

http://finance.yahoo.com/q?s=PEIX&ql=1



Edited by JonSCKs 7/23/2014 13:07
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