Ethanol production holds steady

Des Moines Register
8:36 AM, Jan 26, 2012 by Dan Piller

Three weeks after the expiration of the 45-cents per gallon blenders tax credit, ethanol production is running slightly ahead of last year’s pace.

The U.S. Energy Information Agency reported this week that ethanol production totaled 934,000 barrels per day for the week ending Jan. 20. That compared to production of 922,000 barrels per day for the same week last year.

The latest production had dipped slightly from the 944,000 barrels per day and 941,000 barrels per day in the first two weeks of 2012, which had been widely predicted after oil companies had blended furiously at the end of 2011 to capture the last of the tax credit.

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