Marketplace

Marketplace provides data relevant to the production of biofuels from biomass as well as the state of the petroleum markets in which biofuels are used. Cost fluctuations in the price of a bushel of soybeans, the main biodiesel feedstock, and corn, affect the finished products i.e., biofuels. Key indicators in the petroleum industry provide a snapshot of how tight, finished products stocks and production are as they relate to supply, thereby affecting the price of finished product i.e. gasoline and diesel. The tables show actual grain prices, indicators which may affect gasoline prices, and the production of ethanol.

Grain Prices Recieved by Farmers November 2005 November 2006 % Change Last 24 Months Corn ($/bushel) 1.77 3.12 76% Soybean ($/bushel) 5.62 6.15 9%

Spot Prices W. Tex. Int Cush & Henry Hub October 2005 October 2006 % Change Last 24 Months W. Tex. Int Cush ($/Bbl) 59.40 62.04 4.26% Henry Hub ($ per mmbtu) 15.11 7.4 -104.12%

Fuel Supply November 2005 November 2006 % Change Last 24 Months Percent Refinery Utilization 87 88 1.55% Production by Product - Finished Motor Gasoline (1,000 bbl/d) 8,843 8,850 0.08% Stocks - Finished Motor Gasoline (1,000 bbl) 133 110 -17.31% Imports - Total Motor Gasoline (1,000 bbl/d) 985 1,026 4.11%

Oxygenate Production September 2005 September 2006 % Change Last 24 Months Ethanol Production (1,000 bbl) 8,050 9,992 24.12% MTBE Production (1,000 bbl) 4,657 2,4779 -46.77%

Data Sources: U.S. DOE-Energy Information Administration, "Weekly Petroleum Status Report", "Monthly Oxygenate Report" USDA-National Agricultural Statistics Service, "Agricultural Prices," "Grain Stocks"