Ethanol plants seen shuttered if RFS cuts come through for 2014

December 5, 2013 |

In Illinois, as many as 20 ethanol plants are expected to be shuttered as a result of the cutbacks in ethanol blending for the RFS in 2014. Citigroup expects gasoline demand to be 13% less next year than estimated in 2007 when blending mandates were set, just 133 billion gallons compared to the 154 billion gallons estimated. Those that have not yet re-started after corn prices came down this fall may be the first to be permanently shuttered.

Category: Policy

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