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US Ethanol policy under Seige??
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JonSCKs
Posted 4/21/2018 12:24 (#6722809 - in reply to #6722445)
Subject: Weekly petroleum status report


The Weekly Petroleum Status report this week    ( http://ir.eia.gov/wpsr/overview.pdf )

US Crude: Production at 10,540 k bbls/day up 15 k
 Imports 7,930 k down 720 (Do we really need this? or Home Grown Ethanol??)
 Exports  1,749 k up 544 k
Net Imports 6,181 k down 1,264 k 

Stocks Change down 152 k bbls

Equals Net input to Refineries 16,949 k down 70 k

Other:

Production of Fuel Ethanol 1,009 k down 25k
Ethanol stocks 21.3 myn bbls dn 0.5 k

Finished Gasoline Stocks 236.0 myn bbls down 3 myn bbls 11.08 times that of Ethanol.. yet RBOB Futures are worth $2.0959 vs Ethanol at $1.499 or $0.60 more.. arrrggghh!!

Thanks to Scott Pruitt's EPA handing out RFS Waivers.. He should be FIRED!!

Finished Gasoline 9,857 k up 584 k
Distillate 4,356 k up 186 k

etc...

More info here.. ( http://ir.eia.gov/wpsr/wpsrsummary.pdf )

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