Monday, June 18, 2007
From the Associated Press on Money Central:Some facts on refinery gasoline production and ethanol use:
Number of U.S. refineries: 149.
U.S. refinery gasoline production: 136 billion gallons a year.
Gasoline demand: 143 billion gallons a year (imports make up the difference).
Annual ethanol production today: 5 billion gallons.
Annual ethanol production requirements being considered by Congress: 15 billion gallons by 2015; 36 billion gallons by 2022.
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