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National & World Ag News Headlines |
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U.S. Ethanol Industry Still Growing
USAgNet - 10/03/2007
A report by the Energy Information Administration on Tuesday showed that ethanol production in July reached 13.05 million
barrels, up 518,000 from the previous month.
Daily production surged to 421,000 barrels in July compared to 418,000 barrels in June.
In addition to the increased production, imports also grew. The U.S. imported 1.227 million barrels in July to the East Coast,
up 470,000 barrels from June. Imports to the West Coast increased from 126,000 barrels in June to 220,000 barrels in July.
Even the Midwest imported 2,000 barrels of ethanol compared to 1,000 barrels in June.
Ethanol supplies in the U.S. at the end of July jumped to 9.696 million barrels versus 629,000 barrels in June.
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