US ethanol production drops to 15.22 billion gallon annual rate

January 24, 2016 |

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%.

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