Ethanol industry close to producing 10% of all US gas
January 17, 2007

The plants already in use or on the drawing boards right now are expected to produce 11.4 billion gallons of ethanol per year. In 2005, the US consumed an estimated 9,125,000 barrels of gasoline per day, which (at 42 gallons per barrel) is 383,250,000 gallons per day, or about 140 billion gallons per year. That puts total ethanol production at close to 10% of the total gasoline production in the country. Since Iowa's standard 10% ethanol blend is representative of the nation's standard ethanol blend, that means the domestic demand for ethanol will either have to increase through higher ethanol proportions in blended fuel, or the boom will likely come to a halt.

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last revised January 2007