U.S. Ethanol Production Declines for the Fifth Consecutive Week,

SHARE

According to EIA data, ethanol production averaged 986,000 barrels per day (b/d)—or 41.41 million gallons daily. That is down 1,000 b/d from the week before. The four-week average for ethanol production decreased for the fifth consecutive week, landing at 988,000 b/d for an annualized rate of 15.146 billion gallons.

Contrary to most expectations, stocks of ethanol diminished only slightly from last week. Stocks decreased just 0.4% to 23.2 million barrels, 7.4% higher than year-ago levels.

Imports of ethanol were nonexistent for the 36th straight week.

Average weekly gasoline demand stood at 384.6 million gallons (9.156 million barrels) daily. Refiner/blender input of ethanol decreased 0.5% to 927,000 b/d. Still, the implied ethanol blend rate in gasoline supplied to the market was 10.12%, the eighth time this year (17 weeks) that the 10% threshold has been exceeded (compared to zero times during the same period last year).

Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.77%, a full percentage point higher than one year ago.

Source: RFA

 

 

 

  • Podcast

  • Download instructions: For iPhone/iPad Devices Click on the iTunes Icon (Circle Icon) and subscribe. For Android devices, click on the Google Play icon (Triangle) and subscribe. Alexa users can click and follow instruction on the link. Also, you can click on the circle down arrow next to each podcast to download. If you need help contact us here.