According to EIA data analyzed by the Renewable Fuels Association, ethanol production averaged 991,000 barrels per day (b/d)—or 41.62 million gallons daily. That is down 7,000 b/d from the week before. The four-week average for ethanol production stood at 983,000 b/d for an annualized rate of 15.07 billion gallons. Stocks of ethanol stood at 19.9 million barrels. That is a 4.6% increase from last week. Imports of ethanol were nonexistent for the ninth week in a row.
Gasoline demand for the week averaged 383.0 million gallons (9.118 million barrels) daily. Refiner/blender input of ethanol averaged 918,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.87%.
