Weekly ethanol production drops 0.7%

December 21, 2019 |

In Washington, D.C., ethanol production decreased 8,000 barrels per day (b/d), or -0.7%, to 1.064 million b/d—equivalent to 44.69 million gallons daily, according to EIA data analyzed by the Renewable Fuels Association. However, the four-week average ethanol production rate increased for the ninth consecutive week, rising 0.8% to 1.064 million b/d, equivalent to an annualized rate of 16.31 billion gallons.

Ethanol stocks edged 0.1% lower to 21.8 million barrels. Inventories were 8.7% lower than the same week last year. Stocks declined in all regions except the East Coast (PADD 1) and Rocky Mountains (PADD 4).

There were zero imports of ethanol recorded after 66,000 b/d hit the books the prior week. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of October 2019.)

The volume of gasoline supplied to the U.S. market popped 6.0% higher to 9.411 million b/d (395.26 million gallons per day, or 144.27 bg annualized). Refiner/blender net inputs of ethanol followed, up 6.3% to 912,000 b/d—equivalent to 13.98 bg annualized.

Expressed as a percentage of daily gasoline demand, daily ethanol production declined to 11.31%.

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Category: Fuels

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