* Production drops 2.5 pct over last week * Output a 7-percent decline off December highs * Ethanol stocks rise 2 percent By Carey Gillam Feb 29 (Reuters) - U.S. ethanol production slid 2.5 percent in the last week, falling to the lowest point since early October, while stocks continued to build, the Energy Information Administration reported Wednesday. U.S. ethanol production totaled 896,000 barrels per day in the seven days to Feb. 24, down 23,000 barrels per day from the previous week's ...
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