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May 2006

 May 2006

The Grain Prices graph shows the cost of soybeans, the main biodiesel feedstock, and corn, the main ethanol feedstock. The tables show actual grain prices, indicators which may affect gasoline prices, and the production of ethanol. Fuel prices come from OPIS Ethanol and Biodiesel Report. Ethanol and RBOB Unl New York spot prices and SME Biodiesel Rack, Chicago, March 2006.
Fuel Grain Prices
Fuel Prices
Grain Prices April 2005 April 2006 % Change
Corn 2.00 2.11
5%
Soybean 6.03 5.39 -11%
Fuel Supply April 2005 April 2006 % Change
Percent Refinery Utilization 91.7 87.2 -4.87%
Production by Product - Finished Motor Gasoline (Million Barrels) 8,787.3 8,256.5 -6.04%
Stocks - Finished Motor Gasoline (Million Barrels) 139.1 116.9 -15.96%
Imports - Total Motor Gasoline (Million Barrels) 1,076.8 1,093.3 1.35%
Oxygenate Production February 2005 February 2006 % Change
Ethanol Production
(Million Barrels)
245 302 18.87%
MTBE Production
(Million Barrels)
118 90 -31.11%

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

U.S. Historic Imports of Motor Gasoline U.S. Historic Finished Motor Gasline Production U.S. Historic Percent Refinery Utilization U.S. Historic Stocks of Finished Motor Gasoline