Largest volume in 44 weeks for ethanol production

In Washington, D.C. ethanol production expanded by 52,000 barrels per day (b/d), a 5.0% increase, at an average of 1.096 million b/d—equivalent to 46.03 million gallons daily and the largest volume in 44 weeks, according to EIA data analyzed by the Renewable Fuels Association.

The four-week average ethanol production rate moved 2.5% higher to 1.067 million b/d, equivalent to an annualized rate of 16.36 billion gallons (bg). Ethanol stocks dropped 3.3% to 21.8 million barrels—the lowest volume in 46 weeks. Stocks declined across all five regions (PADDs). Imports of ethanol were 44,000 b/d, or 12.94 million gallons for the week. This was the first time in 30 weeks (and first of 2019) that import volumes were logged. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of April 2019.)

The volume of gasoline supplied rose 4.6% to 9.877 million b/d (414.8 million gallons per day, or 151.41 bg annualized). Refiner/blender net inputs of ethanol grew 2.4% to 953,000 b/d, equivalent to 14.61 bg annualized. Expressed as a percentage of daily gasoline demand, daily ethanol production increased to 11.10%.