U.S. ethanol production hits second-highest volume on record

In Washington, D.C., ethanol production averaged 1.089 million barrels per day (b/d)—or 45.74 million gallons daily production, which is down 20,000 b/d from last week’s record high, yet still high enough to capture the second-highest volume on record, according to government data released and analyzed by the Renewable Fuels Association. The four-week average for ethanol production increased to a record 1.084 million b/d for an annualized rate of 16.62 billion gallons. Stocks of ethanol were 22.4 million barrels. That is a 0.4% decrease from last week. There were zero imports recorded for the week.

Average weekly gasoline demand increased 2.2% to 381.8 million gallons (9.091 million barrels) daily. This is equivalent to 139.4 billion gallons annualized. Refiner/blender input of ethanol increased 3.5% to 916,000 b/d, equivalent to 14.04 billion gallons annualized. The ethanol content in gasoline supplied to the market averaged 10.08%, up from 9.95% the previous week but down from the record 10.57% seen three weeks ago. Expressed as a percentage of daily gasoline demand, daily ethanol production decreased to 11.98%.