US ethanol production reaches record of 972,000 bpd

June 18, 2014 |

In Washington, the Energy Information Agency says that ethanol production has reached a record 972,000 bpd during the week ending June 13, up from the previous record of 963,000 bpd reached at the end of 2011. Higher gasoline prices are pushing demand for ethanol, so even though production hit an all-time high, stocks still dropped by 572,000 barrels to 17.85 million barrels.

 

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Category: Producer News

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