Jason Barton

Professional Information and Energy News

U.S. Ethanol exports rise, even to Mideast

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Well, this is definitely interesting information. All along we’ve been wondering how the U.S. is going to meet the Renewable Fuel Standards (RFS) that were signed into law in 2007. It turns out, we have so much ethanol, and at such competitive prices, that we’re actually exporting it, even into the heart of OPEC.

I smell subsidies at work.

The Des Moines Register

By PHILIP BRASHER • pbrasher@dmreg.com • May 23, 2010

Washington, D.C. — The United States has a growing new export — ethanol fuel — and a lot is going to, of all places, the Middle East.

New government data show that nearly 46 million gallons of U.S. corn ethanol was exported in March, up from 4 million in March 2009. For the first three months of this year, ethanol exports totaled 72 million gallons.

Read the entire article here.

Written by Jason

May 23rd, 2010 at 10:16 pm