Gasoline Plunge Wipes Out Profits for U.S. Ethanol Makers
An ethanol plant runs at the Port of Stockton in Stockton, California, Friday, March 7, 2014. A deep water port located 75 miles from San Francisco, over 1 billion dollars of cargo passes through the facility every year.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
Ethanol producers are cutting output after getting squeezed by the biggest drop in gasoline prices since
2008.