Home Market US Ethanol Production Sets New All Time Record High

US Ethanol Production Sets New All Time Record High


According to EIA data, ethanol production averaged 1.008 million barrels per day (b/d)—or 42.34 million gallons daily. That is up 33,000 b/d from the week before, a new all-time high, and the first time in history that weekly production has crested the 1 million b/d mark. The four-week average for ethanol production stood at 984,000 b/d—the highest average since the week ended 6/19/2015—for an annualized rate of 15.08 billion gallons. Stocks of ethanol stood at 19.6 million barrels. That is a 2.0% increase from last week and a 17-week high.

Imports of ethanol were zero b/d for the second week in a row. Gasoline demand for the week averaged 374.7 million gallons (8.921 million barrels) daily, the lowest since May. Refiner/blender input of ethanol averaged 885,000 b/d.

Expressed as a percentage of daily gasoline demand, daily ethanol production was 11.30%, the highest since the first week of February.

ethanol stats Nov




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