Alto Ingredients Inc (ALTO)

[kel3]

Key Points to Bloomberg Article Are Favorable

“The big number that came out this week was the stocks report,” said Jeff DeReamer, an ethanol broker at ICAP Energy in Lexington, Kentucky. “That was a pretty significant drop. Simple math
says that use went up and they’re blending more.”

the Energy Department said stockpiles fell 5.6 percent to 18.1 million barrels in the week ended Nov. 2

Ethanol production in the U.S. may fall 5.5 percent this year to an average of 860,000 barrels a day, the Energy Department said Nov. 6 in its Short Term Energy Outlook.

Ethanol Discount to Gasoline

Gasoline $2.6073 per gallon

Ethanol $2.366 a gallon

West Coast Ethanol $2.52 a gallon

West Coast Ending Stocks of Fuel Ethanol is at a current level of 2.488M, down from 2.645M last week -5.94% from last week

http://ycharts.com/indicators/west_coast_ending_stocks_of_fuel_ethanol


added Whats Up With the West Coast,but It Appears Refiners Are Blending at a Rappid Clip