USDA Experts Say Ethanol Blend Wall is Close
DomesticFuel.com
Posted by Cindy Zimmerman – April 11th, 2010
Ethanol is getting very close to hitting the blend wall, according to economists with the U.S. Department of Agriculture.
With four months in a row of record ethanol production and stagnant gasoline demand, ethanol stocks are increasing. “Margins have weakened a lot over the last few weeks,” says USDA chief economist Joe Glauber, and indicators are that the blend wall is closing in.
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