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Ethanol Production Lags Far Below Oil Production in the US

Created on June 12, 2013

Ethanol Production Lags Far Below Oil Production in the US

CHART 2

The biofuel mandate required the production of 4 billion gallons of ethanol in 2006 and more in subsequent years. But despite the mandate and years of targeted tax breaks, ethanol remains a small player in the energy market. In 2011, oil production was more than six times that of ethanol.

U.S. CRUDE OIL PRODUCTION

U.S. ETHANOL PRODUCTION

BILLIONS OF GALLONS

Notes: 2011 figure for ethanol is preliminary. Oil production figures are field production.

Source: U.S. Energy Information Administration, U.S. Field Production of Crude Oil, http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus1&f=a (accessed May 13, 2013), and Fuel Ethanol Overview, Table 10.3, http://www.eia.gov/totalenergy/data/annual/showtext.cfm?t=ptb1003 (accessed May 13, 2013).

B 2811

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