U.S. ethanol production stays strong for year-end

December 31, 2017 |

In Washington, D.C., ethanol production went back up to second-highest on record last week ending the year on a positive note, according to EIA data. Output totaled 1.090 million barrels a day, on average, which is up about 1.2% from 1.077 million barrels a week earlier. Output is up 6.0% than last year.

Ethanol inventories have dropped to the lowest level since Nov. 17, but is still 17.6% higher than a year ago, according to the EIA data. The decline in ethanol stockpiles was mostly in the Midwest. Net refiner and blender inputs, a measure for ethanol demand, rose by 32,000 bpd, or 3.5%, to 914,000 bpd last week, while up 11,000 bpd, or 1.2%, year over year.

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Category: Producer News

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