US ethanol production jumps to 15.9 billion gallon annual rate

March 26, 2017 |

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1.044 million barrels per day—or 43.85 million gallons daily. That is down 1,000 b/d from the week before, but the 21st straight week over 1 million b/d. The four-week average for ethanol production increased to 1.037 million b/d for an annualized rate of 15.9 billion gallons. Stocks of ethanol stood at 22.6 million barrels, the lowest in five weeks. That is a 0.9% decrease from last week and the third consecutive weekly decrease. Gasoline demand for the week averaged 386.4 million gallons (9.2 million barrels) daily. Refiner/blender input of ethanol averaged 915,000 b/d. Year-to-date gasoline consumption is running 3.6% below the same period in 2016, but year-to-date ethanol blending is up 1% over the same period last year.

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Category: Fuels

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