US ethanol production reaches 13.3B gallons for 2012

In Washington, the Renewable Fuels Association and Cardno-ENTRIX reported that domestic ethanol production reached an estimated 13.3 billion gallons — the second highest annual production level in history amidst the nation’s worst drought in 50 years. According to the analysis, ethanol production directly employed 87,292 Americans. An additional 295,969 Americans found work in positions indirectly affiliated with or induced by ethanol production. These 383,260 total jobs helped create $30.2 billion in household income and contributed $43.4 billion to the national Gross Domestic Product (GDP). Last year’s second highest annual ethanol production also helped displace 465 million barrels of imported oil worth $47.2 billion.