Ethanol production up from week before

March 23, 2018 |

In Washington, DC, ethanol production averaged 1.049 million barrels per day (b/d)—or 44.06 million gallons daily, according to EIA data analyzed by the Renewable Fuels Association. That is up 24,000 b/d from the week before. The four-week average for ethanol production decreased to 1.044 million b/d for an annualized rate of 16.00 billion gallons. Stocks of ethanol were 23.8 million barrels. That is a 2.1% decrease from last week. There were zero imports recorded for the fifteenth week in a row.

Average weekly gasoline demand decreased by 3.3% to 391.6 million gallons (9.324 million barrels) daily. This is equivalent to 142.94 billion gallons annualized. Refiner/blender input of ethanol increased 0.7% to 916,000 b/d, equivalent to 14.04 billion gallons annualized and the strongest demand in twelve weeks. The ethanol content in gasoline supplied to the market averaged 9.82%, up from 9.44% the previous week. Expressed as a percentage of daily gasoline demand, daily ethanol production increased 11.25%.

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Category: Producer News

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