Lax trade restrictions and high sugar prices should allow the U.S. to double ethanol exports from Brazil in the second half of 2011, the U.S. Energy Information Administration said Wednesday.
In the first five months of 2011 exports of U.S. ethanol is more than double the same period last year, the EIA said.
"The remaining 2011, is likely to surpass the United States, Brazil is the world's largest exporter of ethanol, because of food shortages, and recently, as a result of high sugar prices in Brazil," said the EIA weekly petroleum report.