US ethanol production drops to 15.73B gallon rate, stocks drop

April 16, 2017 |

In Washington, according to EIA data, as analyzed by the Renewable Fuels Association, US ethanol production averaged 986,000 barrels per day (b/d)—or 41.4 million gallons daily. That is down 32,000 b/d and the first time in 24 weeks that production dipped below 1 million b/d. As a result, the four-week average for ethanol production dropped to 1.03 million b/d for an annualized rate of 15.73 billion gallons. Stocks of ethanol fell to 22.9 million barrels, down 3.4% from last week’s record high. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.63%—the lowest level in 26 weeks.

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Category: Fuels

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