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Iowa ethanol plants produced 500 million fewer gallons last year compared to 2019 as remote work and learning because of the coronavirus caused a steep drop in Americans daily travel.
The Iowa Renewable Fuels Association said on Thursday that the state s ethanol plants produced 3.7 billion gallons in 2020, 12% fewer than in 2019. It was the second consecutive year production fell after hitting a record 4.35 billion gallons in 2018, the group said.
The U.S. Energy Information Administration reported this month that Americans pumped about 13% less fuel in 2020, primarily due to reduced travel tied to the public health emergency. Regular gasoline typically contains about 10% ethanol.
The renewable fuels association also blamed reduced exports due to ongoing global trade disputes and waivers the Trump administration granted oil companies. The waivers allow refiners to avoid a requirement that they blend ethanol and biodiesel into the nation s fuel supply.
Iowa s ethanol production falls by 500 million gallon as Americans drive less due to COVID-19 Donnelle Eller, Des Moines Register
Siouxland Energy ethanol plant halts production after RSF waivers drop demand
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Iowa ethanol plants produced 500 million fewer gallons last year compared to 2019 as remote work and learning because of the coronavirus caused a steep drop in Americans daily travel.
The Iowa Renewable Fuels Association said on Thursday that the state s ethanol plants produced 3.7 billion gallons in 2020, 12% fewer than in 2019. It was the second consecutive year production fell after hitting a record 4.35 billion gallons in 2018, the group said.
JOHNSTON, IOWA – Renewable fuels producers are constantly innovating and seizing new opportunities. At the 2021 Virtual Iowa Renewable Fuels Summit, leading experts, including former Ambassador to China Terry Branstad, will discuss how export markets might help increase biofuels demand and what is driving biofuels producer investment decisions. The January 26 virtual Summit is free and open to the public. Registration is required.
“We are excited to hear from Ambassador Branstad and other industry experts at the Iowa Renewable Fuels Summit as we delve into what new trade and investment opportunities may open up around the globe or here at home,” said Iowa Renewable Fuels Association Executive Director Monte Shaw. “Biofuels plants have always been good at adapting and innovating and today is no different. Join the Summit to learn from those on the cutting edge.”