June average ethanol blending passes 11% for second month in a row

In Washington, the average ethanol content of gasoline sold in the U.S. surpassed 11 percent for the second consecutive month in June, and the 12-month average blend rate hit a new record of 10.58 percent, according to U.S. Energy Information Administration data reviewed by the Renewable Fuels Association.

A large majority of the gasoline sold in the U.S. contains 10 percent ethanol, a blend known as E10, and the new EIA data demonstrate that sales of mid-level blends like E15 and flex fuels like E85 have accelerated this year. Ethanol has been priced at a discount of $1 per gallon or more to gasoline blendstock at the wholesale level, and Renewable Fuel Standard RIN credits have provided additional value.

Tags: ethanol, Washington

Category: Fuels