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Weekly Ethanol Production Ties All Time Record

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According to EIA data, ethanol production averaged 1.029 million barrels per day (b/d)—or 43.22 million gallons daily. That is up 11,000 b/d from the week before and tied for the largest total on record. The four-week average for ethanol production remained unchanged at 1.012 million b/d for an annualized rate of 15.51 billion gallons.

Stocks of ethanol stood at 20.4 million barrels. That is a 0.2% decrease from last week.Imports of ethanol registered zero b/d, consistent with last week.Gasoline demand for the week averaged 410.0 million gallons (9.762 million barrels) daily. Refiner/blender input of ethanol averaged 943,000 b/d.

Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.54%.

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