US ethanol production sets record as 2016 ends

January 8, 2017 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged an unprecedented 1.043 million barrels per day (b/d)—or 43.81 million gallons daily. That is up 15,000 b/d from the week before and a record high to end a banner year for ethanol production. Weekly production averaged more than 1 million b/d for ten straight weeks to finish the year. The four-week average for ethanol production stood at a record 1.037 million b/d for an annualized rate of 15.90 billion gallons.

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Stocks of ethanol remained unchanged at 18.7 million barrels. Gasoline demand during the holiday week averaged 355.5 million gallons (8.465 million barrels) daily, the lowest since the week ended 1/29/2016. Refiner/blender input of ethanol averaged 845,000 b/d, a 48-week low.

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Category: Fuels

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