US ethanol production drops to 15.22 billion gallon annual rate
January 24, 2016
| Jim Lane
In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 983,000 barrels per day, or 41.29 million gallons daily. That is down 20,000 b/d from the week before. The four-week average for ethanol production stood at 993,000 b/d for an annualized rate of 15.22 billion gallons. Stocks of ethanol stood at 21.9 million barrels. That is a 2.8% increase from last week. Imports of ethanol were zero b/d for the fifth week in a row. Gasoline demand for the week averaged 381.3 million gallons (9.079 million barrels) daily. Refiner/blender input of ethanol averaged 856,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.83%.
Category: Fuels