US ethanol production jumps to 15.07 billion gallon annual clip

December 13, 2015 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 993,000 barrels per day (b/d)—or 41.71 million gallons daily. That is up 37,000 b/d from the week before and the third-highest output rate on record. 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 19.8 million barrels. That is a 0.8% decrease from last week. Imports of ethanol were zero b/d for the third time in four weeks.

Gasoline demand for the week averaged a healthy 395.6 million gallons (9.420 million barrels) daily, a 14-week high. Yet, refiner/blender input of ethanol averaged just 839,000 b/d—down 4% from the previous week and the lowest since early February. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.54%.

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Category: Producer News

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