According the latest figures from the American Coalition for Ethanol 53 plants are in operation in the USA.
Reference:
gatorbait June 21, 2009
10:37 pm
At the present time there are still too many ethanol plants in operation.
Many have already gone out of business and are shut down or mothballed.
“Here’s another reason Obama should keep the corn ethanol industry at arm’s length — close to three quarters of U.S. ethanol plants, or 123 of America’s 160 operating ethanol plants, are at risk of being shuttered in the coming months, according to Citigroup analyst David Driscoll. (hat tip MarketWatch). Small and mid-sized ethanol plants are in trouble due to a record-setting spike in corn prices, bumped up by the Midwest floods and increasing demand. This news comes after Citigroup downgraded all the major publicly traded ethanol players including Archer Daniels Midland, BioFuel Energy and VeraSun Energy”
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According the latest figures from the American Coalition for Ethanol 53 plants are in operation in the USA.
Reference:
At the present time there are still too many ethanol plants in operation.
Many have already gone out of business and are shut down or mothballed.
“Here’s another reason Obama should keep the corn ethanol industry at arm’s length — close to three quarters of U.S. ethanol plants, or 123 of America’s 160 operating ethanol plants, are at risk of being shuttered in the coming months, according to Citigroup analyst David Driscoll. (hat tip MarketWatch). Small and mid-sized ethanol plants are in trouble due to a record-setting spike in corn prices, bumped up by the Midwest floods and increasing demand. This news comes after Citigroup downgraded all the major publicly traded ethanol players including Archer Daniels Midland, BioFuel Energy and VeraSun Energy”
Reference See: