SOURCE: Growth Energy
May 6, 2021
BY Growth Energy
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U.S. fuel ethanol production was down 1% the week ending April 11, according to data released by the U.S. Energy Information Administration on April 16. Stocks of fuel ethanol were also down 1% and exports were down 21%.
The government of Vietnam on March 31 issued a decree reducing the the country’s Most-Favored-Nation import tariff rates for a variety of commodities and products, including ethanol. The MFN rates apply to imports from the U.S.
Gevo Inc. and Future Energy Global have signed a pioneering offtake agreement for carbon abatement attributes, to enable airlines and other companies to reduce their CO2 emissions through sustainable aviation fuel (SAF).
CoBank’s latest quarterly research report predicts domestic ethanol blending will remain stable or increase slightly this year. However, policy uncertainty and trade disruptions due to tariff disputes could negatively impact the industry.
The U.S. EIA on April 15 released its Annual Energy Outlook 2025, which includes energy trend projections through 2050. The U.S. DOE, however, is cautioning that the forecasts do not reflect the Trump administration’s energy policy changes.