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US ethanol replaced about 2.6% of gasoline demand

US this year diverted 24.5% of its corn crop into ethanol production and replaced 2.65% of the total US demand for road transportation fuels -- assuming that the 2007 figures for fuel use will be around the same as 2006, according to figures from the US Department of Energy which has issued preliminary...

Posted to ICIS Blogs (Weblog) by Anonymous on 08-29-2008
Biofuels drive up food prices: Bodman and Scafer

There's been a definitive piece of work on biofuels and food prices presented to the Senate Committee on Energy and Natural Resources on 11 June chaired by Jeff Bingaman . Two secretaries of state Samuel W. Bodman (energy) and Edward T. Schafer (agriculture) respond to a series of questions from...

Posted to ICIS Blogs (Weblog) by Anonymous on 06-13-2008
US ethanol demand for corn 2008

There was an interesting speech, the other day by Joseph Glauber, the US Department of Agriculture's cheif economist . The key passage for us is: The U.S. corn market will continue to be dominated by ethanol production in the coming year. Ethanol corn use for 2008/09 is projected to increase 28 percent...

Posted to ICIS Blogs (Weblog) by Anonymous on 02-29-2008

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