EIA: Growth rate of ethanol production slowed down in 2011

09/15/2011 | Platts

U.S. ethanol production rose by 59,000 barrels per day in the first five months of 2011 compared with the same period in 2010, according to the Energy Information Administration. The growth rate was slower compared with the same period in 2010, when production climbed 194,000 barrels per day from the previous year, the EIA said. The slowdown in the growth of ethanol output was partly influenced by a weakening consumption rate, which grew by just 23,000 barrels per day during the same period, the agency added.

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