US ethanol production up 2 percent, production trend rising

In Washington, the Energy Information Administration said that US ethanol production averaged 38.64 million gallons per day, up 672,000 gallons per day, and that the four-week average ethanol production rose to 38.282 million gallons per day.  Stocks of ethanol, which fell to their lowest point since the week ending May 11, stood at 20.7 million barrels. Gasoline demand for the week averaged 383.5 million gallons daily, the highest level since last August. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.08%.

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