Dec 20^th Ethanol Run Rates Increased 1.8% Week-Over-Week, Reaching a Six Month High Dec ’19 Ethanol Production up 3.3% MOM and 3.5% YOY Through Three Weeks Dec 20^th Ethanol Stocks Declined 1.5% From the Previous Week Dec 20^th Weekly Decline in Ethanol Stocks Greatest on the Gulf Coast Dec 20^th Total Ethanol Stocks Down 7.2% YOY, Gulf Coast Stocks Down 23.5% Dec ’19 Ethanol Stocks up 4.0% MOM but Down 6.8% YOY Through Three Weeks Dec ’19 Ethanol Stocks-to-Production up 0.7% MOM, Down 9.9% YOY Through Three Weeks Oct ’19 Ethanol Exports Declined 34.1% YOY, Nov ’19 Volumes are Projected Down 12.6% Dec 20^th Ethanol Imports Remained at Minimal Levels for the Second Consecutive Week Dec 20^th Gasoline Sales Declined 1.1% From the Previous Week Dec ’19 Gasoline Sales up 0.2% MOM and 1.5% YOY Through Three Weeks Dec ’19 Gasoline Stocks-to-Consumption up 6.4% MOM and 0.2% YOY Through Three Weeks Dec ’19 Ethanol Blend Rate Down 2.5% MOM and 2.2% YOY Through Three Weeks