• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Outdoors / Ethanol stocks at record high

Ethanol stocks at record high

December 25, 2002 By admin

Ethanol production has hit a record. Monte Shaw, a spokesman for the Renewable Energy Association, says the figures that just came out for November show an all-time record, about 166,000 barrels a day which would make an annual rate of two-and-a-half billion gallons. Shaw says that shows the industry can produce the ethanol that’s needed. That need is projected for the near future, though Shaw says this year demand was down for ethanol, stockpiles increased and prices in recent weeks plunged for alcohol fuel. While that baseline was going on, he says a dozen new plants opened, four of them in Iowa; and production soared though demand wasn’t up yet. The stocks will be needed once regulators ban California from using a popular gasolineadditive that turns out to pollute groundwater. Shaw says the California market’s now “kicking in.” Shaw says we’ll probably send up to 600-Million gallons of ethanol to California next year, whereas producers sold that state none this year. Shaw says ethanol’s been such a good bargain, it’s helped keep down gas prices overall.

Share this:

  • Facebook
  • Twitter

Filed Under: Outdoors Tagged With: Ethanol, Travel

Featured Stories

Exhibit features lesser known works of Grant Wood

Testing finds 21 new CWD cases in deer

It may become a crime in Iowa to use fake urine in workplace drug tests

February trending 18 degrees below average temperature

Iowa House Education Committee votes to end tenure at UI, ISU, UNI

TwitterFacebook
Tweets by RadioIowa

Confusion at MVC Tournament as UNI exits prior to quarterfinal round game

Iowa State looks to avoid winless Big-12 season

New look and new format at girls’ state basketball

Youngstown State takes action against assistant football coach

Iowa’s Jack Nunge lost for the season

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC