Home Energy U.S. Ethanol Production Remains Strong

U.S. Ethanol Production Remains Strong


According to EIA data analyzed by the Renewable Fuels Association, ethanol production averaged 1.066 million barrels per day (b/d)—or 44.77 million gallons daily. That is down 9,000 b/d from last week’s record high. The four-week average for ethanol production increased to a record 1.063 million b/d for an annualized rate of 16.30 billion gallons.

Stocks of ethanol were 22.0 million barrels. That is a 0.5% increase from last week and a 19-week high. There were zero imports recorded for the third week in a row.

Average weekly gasoline demand decreased 9.1% to a 39-week low of 366.4 million gallons (8.724 million barrels) daily. This is equivalent to 133.7 billion gallons annualized. Refiner/blender input of ethanol increased 0.2% to 922,000 b/d, equivalent to 14.13 billion gallons annualized. Thus, gasoline supplied to the market contained an average of 10.57% ethanol–the highest weekly blend rate on record.

Expressed as a percentage of daily gasoline demand, daily ethanol production increased to 12.22%–the highest rate in 41 weeks

Source: RFA