In Washington, the Energy Information Administration says the price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years. The decline in the price of credits, renewable identification numbers (RINs), is due primarily to lower costs for […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol production rose above 1 million barrels per day last week to 1.033 million barrels a day, pushing stocks up by more than half a million gallons to 24.779 million gallons. With most ethanol producers back above the breakeven point and oil refiners buying […]
In Washington, Brownfield Ag News reports Energy Information Administration data shows that ethanol stocks soared last week to 24.371 million barrels, an increase of 792,000 barrels compared to the week prior, bringing the total to a 38-week high. Rising production that averaged 1.062 million barrels a day, 119,000 more than the same time last year, […]
