US ethanol production dips to 15.45B gallon annual clip

June 18, 2017 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 1.002 million barrels per day (b/d)—or 42.08 million gallons daily. That is up 3,000 b/d from the week before. The four-week average for ethanol production decreased to 1.008 million b/d for an annualized rate of 15.45 billion gallons.

Stocks of ethanol were 22.5 million barrels. That is a 2.5 % increase from last week. Average weekly gasoline demand decreased 0.5% to 389.3 million gallons (9.269 million barrels) daily, for an annualized rate of 142.1 billion gallons. Refiner/blender input of ethanol increased 2.4% to 931,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production climbed to 10.81%.

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