US ethanol production rises to 15.16 billion gallon annual rate

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1 million barrels per day —or 42.00 million gallons daily. That is up 7,000 b/d from the week before and the second time that production has broken the 1 million barrel mark. The four-week average for ethanol production stood at 989,000 b/d for an annualized rate of 15.16 billion gallons. Stocks of ethanol stood at 20.3 million barrels. That is a 2.5% increase from last week.

Imports of ethanol were 32,000 b/d, up from zero last week. Gasoline demand for the week averaged 387.2 million gallons (9.220 million barrels) daily. Refiner/blender input of ethanol averaged 890,000 b/d.

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