Death comes to us all. Life's but a walking shadow | Below are charts of weekly ethanol production and weekly ending stocks both to the end of Nov. 2013. Ending stocks are generally about 3x weekly production. Production has been steadily increasing since late summer but stocks have been declining. I can't find EIA data that specifically reports ethanol consumption but as far as I know gasoline use has been fairly constant and the price certainly hasn't increased, but rather decreased the past few months.
Without doing a detailed balance sheet the two charts suggest that ethanol is disappearing. Can exports account for the discrepancy? If not what?
What accounts for the strong weekly grind? Price alone? If so when will grind slow? When stocks finally recover?
 (weekly ethanol prod-page-001.jpg)
 (weekly ethanol ending stocks-page-001.jpg)
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 weekly ethanol prod-page-001.jpg (32KB - 55 downloads)
weekly ethanol ending stocks-page-001.jpg (46KB - 45 downloads)
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Question for Ethanol Insider, Ray Jenkins or others
