US ethanol production reaches 15.1B gallon annual rate

October 9, 2016 |

According to EIA data as analyzed by the Renewable Fuels Association, ethanol production averaged 980,000 barrels per day (b/d)—or 41.16 million gallons daily. That is down 9,000 b/d from the week before. The four-week average for ethanol production stood at 988,000 b/d for an annualized rate of 15.15 billion gallons. Stocks of ethanol stood at 20.2 million barrels. That is a 1.9% decrease from last week.

Imports of ethanol were zero b/d for the sixth straight week. Gasoline demand for the week averaged 394.4 million gallons (9.390 million barrels) daily. Refiner/blender input of ethanol averaged 919,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.44%.

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