| (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-Jan | 01/03 | 919 | 01/10 | 868 | 01/17 | 905 | 01/24 | 900 | 01/31 | 895 | 2014-Feb | 02/07 | 902 | 02/14 | 903 | 02/21 | 905 | 02/28 | 894 | | | 2014-Mar | 03/07 | 869 | 03/14 | 891 | 03/21 | 885 | 03/28 | 922 | | | 2014-Apr | 04/04 | 896 | 04/11 | 939 | 04/18 | 910 | 04/25 | 898 | | | 2014-May | 05/02 | 894 | 05/09 | 922 | 05/16 | 925 | 05/23 | 927 | 05/30 | 938 | 2014-Jun | 06/06 | 944 | 06/13 | 972 | 06/20 | 938 | 06/27 | 953 | | | 2014-Jul | 07/04 | 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-Jan | 01/03 | 16,138 | 01/10 | 16,078 | 01/17 | 17,018 | 01/24 | 16,932 | 01/31 | 16,739 | 2014-Feb | 02/07 | 17,062 | 02/14 | 17,203 | 02/21 | 17,024 | 02/28 | 16,611 | | | 2014-Mar | 03/07 | 15,908 | 03/14 | 15,277 | 03/21 | 15,653 | 03/28 | 15,875 | | | 2014-Apr | 04/04 | 16,407 | 04/11 | 15,952 | 04/18 | 16,518 | 04/25 | 17,212 | | | 2014-May | 05/02 | 17,140 | 05/09 | 17,302 | 05/16 | 16,990 | 05/23 | 17,489 | 05/30 | 18,250 | 2014-Jun | 06/06 | 18,422 | 06/13 | 17,850 | 06/20 | 18,183 | 06/27 | 18,204 | | | 2014-Jul | 07/04 | 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-Jan | 01/03 | 756 | 01/10 | 797 | 01/17 | 802 | 01/24 | 815 | 01/31 | 801 | 2014-Feb | 02/07 | 816 | 02/14 | 806 | 02/21 | 835 | 02/28 | 846 | | | 2014-Mar | 03/07 | 841 | 03/14 | 845 | 03/21 | 857 | 03/28 | 850 | | | 2014-Apr | 04/04 | 852 | 04/11 | 848 | 04/18 | 853 | 04/25 | 865 | | | 2014-May | 05/02 | 846 | 05/09 | 890 | 05/16 | 886 | 05/23 | 895 | 05/30 | 862 | 2014-Jun | 06/06 | 869 | 06/13 | 891 | 06/20 | 891 | 06/27 | 883 | | | 2014-Jul | 07/04 | 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) | |
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
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2010 | 324 | 519 | 1,153 | 973 | 414 | 387 | 603 | 707 | 929 | 834 | 930 | 1,717 | 2011 | 1,364 | 1,425 | 2,003 | 2,865 | 1,743 | 1,604 | 3,036 | 1,246 | 2,525 | 2,895 | 3,634 | 4,117 | 2012 | 1,819 | 1,785 | 1,992 | 1,775 | 1,397 | 1,410 | 1,519 | 1,206 | 1,191 | 1,284 | 965 | 1,313 | 2013 | 1,518 | 1,017 | 1,407 | 975 | 976 | 814 | 839 | 1,190 | 1,288 | 1,267 | 1,964 | 1,544 | 2014 | 2,054 | 1,605 | 2,139 | 1,585 | | |
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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