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EIA: Ethanol production down 2%, stocks up 3%

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By Erin Voegele

November 22, 2023

BusinessProduction

U.S. fuel ethanol production was down 2 percent the week ending Nov. 17, according to data released by the U.S. Energy Information Administration on Nov. 22. Stocks of fuel ethanol were up 3 percent and exports were down 8 percent.

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Lummus Technology has announced the commercial availability of its ethanol-to-SAF process technology. The technology provides operators with a large-scale, commercially demonstrated solution to reduce the aviation industry's GHG emissions.

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The U.S. Energy Information Administration increased its forecast for 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released Nov. 7. The forecasts for 2023 and 2024 ethanol blending were also increased.

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Valero Energy Corp. released Q3 financial results on Oct. 26, reporting significantly higher earnings and production volumes for its ethanol segment. Renewable diesel sales volumes were also up and the company’s SAF project remains on schedule.

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U.S. fuel ethanol production expanded by nearly 1 percent the week ending Oct. 20, according to data released by the U.S. EIA on Oct. 25. Stocks of fuel ethanol were up more than 1 percent and exports fell by 42 percent.

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U.S. fuel ethanol production for the week ending Sept. 29 was unchanged when compared to the previous week, according to data released by the U.S. EIA on Oct. 4. Stocks were down 1 percent and exports were up 58 percent.

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