NEWS
Fri Dec 28, 2012 02:06 PM CST

Ethanol Stocks Slip Before Christmas

What seemed like an unending pattern of increasing ethanol inventory levels week over week finally came to an end the week before Christmas, according to the latest Energy Information Administration report released Friday morning.

Ethanol stocks fell 2.5% or 21.9 million gallons as of December 21. This brings total inventory levels at 853 million gallons, which continues to remain nearly 15% over year-ago levels.

This pull down in stocks seems to be too little, too late to make a significant change in the overall market. After the holidays, general driving activity and ethanol demand typically ...

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