Positive ethanol production last week, poor gasoline demand. November 23, 2022
The weekly EIA report on energy was released today. Last week's gasoline demand was a poor one at -10.8% from the 2018/19 model year. Over 36 weeks now the consumer push-back has averaged -7.5%. However ethanol production last week was good at -0.1% from last year, 1.041 million barrels per day.
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