Home Indiana Agriculture News 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 1.077 million barrels per day (b/d)—or 45.23 million gallons daily. That is down 12,000 b/d from the week before, but enough to post the third-highest volume on record. The four-week average for ethanol production ticked higher to a record 1.085 million b/d for an annualized rate of 16.63 billion gallons. Stocks of ethanol were 22.3 million barrels. That is a 0.4% decrease from last week. Imports of ethanol remained flat at zero b/d for the second week in a row.

Average weekly gasoline demand increased 3.7 % to a 4-week high of 395.9 million gallons (9.426 million barrels) daily. This is equivalent to 144.5 billion gallons annualized. Refiner/blender input of ethanol decreased 0.2% to 914,000 b/d, equivalent to 14.01 billion gallons annualized. Expressed as a percentage of daily gasoline demand, daily ethanol production decreased to 11.43%.

Source: RFA