Ethanol production hits 17-week low

March 9, 2015 |

In the US, ethanol production averaged 931,000 barrels per day (b/d)—or 39.10 million gallons daily, down 16,000 b/d from the week before. This represents the lowest rate of output in 17 weeks. The four-week average for ethanol production stood at 951,000 b/d for an annualized rate of 14.58 billion gallons.

Gasoline demand for the week averaged 362.5 million gallons daily, down from last week but still 3% above year-ago levels. Ethanol input by refiners/blenders was 846,000 b/d, up slightly from a week ago. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.79%.

Stocks of ethanol stood at 21.5 million barrels. That is a 0.3% decrease from last week and the first decrease in stocks in 10 weeks.

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Category: Policy

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