The latest report from the Renewable Fuels Association shows that a strong production trend continues in the U.S. ethanol industry, producing 391,000 barrels per day in April. That’s and increase of more than 100,000 barrels per day from the same time a year ago and brings the annual output at nearly six billion gallons. Ethanol demand remained constant at 410,000 b/d as did U.S. fuel ethanol imports, at 35 million gallons for the month.
The RFA released the following statistics:
Right now, more than 120 ethanol biorefineries in the U.S. have the capacity to produce more than 6.3 billion gallons annually. Another 75 biorefineries are under construction and seven more are expanding which will about double new production capacity by early 2009.