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 the supply of finished products stocks and production, and how they relate to demand and 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. |
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| Grain Prices Received by Farmers |
December 2005 |
December 2006 |
% Change |
Last 24 Months |
| Corn ($/bushel) |
1.92 |
3.01
|
56.77% |
 |
| Soybean ($/bushel) |
5.78 |
6.14 |
6.23% |
 | |
| Spot Prices W. Tex. Int Cush & Henry Hub |
December 2005 |
December 2006 |
% Change |
Last 24 Months |
| W. Tex. Int Cush ($/Bbl) |
57.54 |
59.60
|
3.58% |
 |
| Henry Hub ($ per MMbtu) |
9.35 |
7.2 |
-23% |
 | |
| Fuel Supply |
December 2005 |
December 2006 |
% Change |
Last 24 Months |
| Percent Refinery Utilization |
76 |
88 |
15.14% |
 |
| Production by Product - Finished Motor Gasoline (1,000 bbl/d) |
8,825 |
9,076 |
2.85% |
 |
| Stocks - Finished Motor Gasoline (1,000 bbl) |
135 |
111 |
-17.48% |
 |
| Imports - Total Motor Gasoline (1,000 bbl/d) |
988 |
961 |
-2.74% |
 | |
| Oxygenate Production |
October 2005 |
October 2006 |
% Change |
Last 24 Months |
Ethanol Production (1,000 bbl) |
8,335 |
10,308 |
23.67% |
 |
MTBE Production (1,000 bbl) |
3,333 |
1,575 |
-52.75% |
 | |
Data Sources: U.S. DOE-Energy Information Administration, "Weekly Petroleum Status Report", "Monthly Oxygenate Report" USDA-National Agricultural Statistics Service, "Agricultural Prices,""Grain Stocks"
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