Ethanol business needs E15 to survive -- experts Jeff Caldwell
Agriculture.com
05/29/2012 @ 10:57am
Last year was a big one for the ethanol business. U.S. producers refined just shy of 14 billion gallons of the biofuel and exports grew sharply, capping off a 2-year trend moving from a net importer to a next exporter.
But, despite the boom, there's a figurative wall between today's ethanol business and future growth: The 'blend wall relegating ethanol to either a 10% or 85% blend with gasoline. And, without further expansion of ethanol blending, it could mean an unwinding of the last 2 years' "boom time," experts say.
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