US ethanol production dips to 15.04 billion gallon rate

In Washington, according to EIA data as analyzed by the Renewable Fuels Association,, ethanol production averaged 987,000 barrels per day (b/d)—or 41.45 million gallons daily. That is down 7,000 b/d from the week before. The four-week average for ethanol production stood at 981,000 b/d for an annualized rate of 15.04 billion gallons. Stocks of ethanol stood at 22.6 million barrels. That is a 2.1% decrease from last week. Imports of ethanol were zero b/d for the 11th straight week. Gasoline demand for the week averaged 383.1 million gallons (9.121 million barrels) daily. Refiner/blender input of ethanol averaged 882,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.82%.

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