GPRE Presentation

The GPRE presentation starts at about 6:00.  Corn Oil is mentioned in the 8th minute.  This is a limited ten minute presentation followed by a question and answer period.  My summary below reflects what GPRE presented HERE:
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They use almost 2% of the U.S corn production.  The blenders tax credit goes to the oil companies that do the blending - and can save the customer about 4.5 cents per gallon.  Ethanol plants do not get any government money.  Ethanol production is now competitive with [cheaper than] gasoline and taking away the 45 cent/gallon blenders credit the end of this year would not hurt GPRE.  The oil companies now produce very low octane gasoline and need the 10% 113 octane ethanol to make the minimum 87 octane regular grade.


Owning 9 Ethanol Plants - GPRE has an annual ethanol production capacity of 740mmgy out of a total capacity of 13.2 Billion gallons - (or about 5.6% of the Ethanol Industry.) Quote:

"Produce over 100 Million pounds of corn oil as a byproduct of the process.  This has been a very advantageous investment for us."

SkunK