date:Jun 13, 2012
projected to be 6.7% below its peak in 2007, and efforts to expand ethanol's share face challenges. U.S. plants now face excess capacity, producing less than 14 billion gallons of ethanol a year, compared to capacity of 14.7 billion gallons, according to the Renewable Fuels Association, an ethanol trade association.
A lot of people are rethinking their assumptions on the ethanol industry and the potential size, said Jason Henderson, an economist at the Federal Reserve Bank of Kansas City.
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