Analyst Foresees High Ethanol Prices Until Summer

摘要

U.S. ethanol demand remains well ahead of domestic supplies, pushing contract prices to a three-month high of 2.50/gal, Jacques Rousseau, an analyst at Friedman Billings Ramsey said. The U.S. consumes 6 billion gal/year but produces only 5.1 billion gal/year.