Jacob Bunge and Kirk Maltais, WSJ, discuss the ethanol industry here…
“Demand this year has been hurt in part by regulatory exemptions for U.S. oil refiners to blend ethanol into gasoline. The ethanol industry says such exemptions unfairly benefit oil companies at its expense. The Environmental Protection Agency said it weighs refiners’ requests against regulatory requirements.
Also hurting the industry is the trade dispute. China has halted ethanol imports from the U.S. that last year totaled 53.9 million gallons. That is less than 1% of U.S. output, but China was the fastest-growing foreign market for U.S. ethanol, according to the Renewable Fuels Association.”
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