SOURCE: Renewable Fuels Association
December 19, 2023
BY Renewable Fuels Association
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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%.
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 California Senate Committee on Transportation on July 2 voted unanimously to advance a bill that aims to immediately authorize the use of E15 within California until state agencies complete the required evaluation process for the fuel blend.
California Gov. Gavin Newsom on June 27 signed a 2025-2026 budget bill that allocates funding to support efforts by state agencies to evaluate, develop and implement regulatory changes needed to allow the use of E15 in California.
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.