The Octane Value Proposition

Ethanol is currently a highly attractive octane booster compared to record-priced aromatics. Refiners are maximizing ethanol inclusion rates under current EPA summer-grade waivers to manage the 'octane gap'.

Feedstock Stability

Low corn input costs are allowing ethanol producers to maintain healthy margins while providing a cost-buffer for fuel blenders. Production remains robust at 1.1 million barrels per day.