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Re: Dutch1 post# 25013

Sunday, 05/04/2014 11:21:39 AM

Sunday, May 04, 2014 11:21:39 AM

Post# of 30377
The Word Is the EPA is believing a Study that says US Gasoline Consumption will be Higher than Originally thought when they
made the ruling in November.The Study says to remain at a 10%
Ethanol Level they would need to Increase from 13 Billion gal.
to 13.7 Billion gallons.

It Looks Like the EPA will Increase back to almost last years
mandate level of 13.8 Billion gallons, but not to the
14.4 Billion gallons Originally Mandated for 2014
http://t.co/k1uh7zPZiP

They are now Expecting a 0.7 or 0.8 Billion gallon Increase
from the Lowered amount.

- (700 million gallons must be A Lot,if 1B Exports is Huge)

The Informa analysis was commissioned by the Renewable Fuels Association and Iowa Corn Promotion Board. It will be used to support the groups’ comments to EPA on its proposed rule for 2014 RFS blending requirements.

http://www.ethanolrfa.org/news/entry/informa-statutory-2014-rfs-levels-can-be-met-through-e85-e15-rins/

The study takes a closer look at likely consumption, finding that ethanol consumption in 2014 could be at least 13.7 billion gallons, compared to the EPA’s assumption of 13.0 billion gallons. It points toward E85 as a major contributor, stating, “E85 accounts for most of the potential for expanded consumption.” And continues, “The increase could be even larger if E85 is priced at a sustained discount to gasoline (on an energy-equivalent basis), as the consumer response could be stronger than implied by historical data, since discounts have been transitory in the past.”
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