October 7, 2022
BY Aemetis Inc.
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U.S. fuel ethanol production was up nearly 1% the week ending July 4, according to data released by the U.S. Energy Information Administration on July 9. Stocks of fuel ethanol were down 1% and exports were down 8%.
UNICA, the Brazilian sugarcane industry association, has announced the sugarcane harvest was negatively impacted by rains during the first half of June. Total ethanol production was down, but corn ethanol production continued to grow.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
The U.S. exported 184.67 million gallons of ethanol and 918,108 metric tons of distillers grains in May, according to data released by the USDA on July 3. Exports of both products were up when compared to the previous month.
With a Middle East crisis once again roiling global oil markets, a new report shows that American-made ethanol keeps gasoline prices down—saving drivers well over $50 billion each year, or 39 cents per gallon.