U.S. Ethanol Production Hits 15 Week Low

first_imgHome Energy U.S. Ethanol Production Hits 15 Week Low U.S. Ethanol Production Hits 15 Week Low SHARE Facebook Twitter Previous articleLicensed Grain Facilities Can Apply for Temporary or Emergency StorageNext articleEducation Key to Understanding FAA Drone Regulations Gary Truitt Facebook Twitter By Gary Truitt – Oct 13, 2016 According to EIA data analyzed by the Renewable Fuels Association, ethanol production averaged 962,000 barrels per day (b/d)—or 40.40 million gallons daily. That is down 18,000 b/d from the week before and tied for the lowest total in 16 weeks. The four-week average for ethanol production stood at 978,000 b/d for an annualized rate of 14.99 billion gallons.Stocks of ethanol stood at 19.4 million barrels. That is a 3.9% decrease from last week and the lowest total since the week ended 11/13/2015.Imports of ethanol remained flat at zero b/d for the seventh week in a row.Gasoline demand for the week averaged 389.1 million gallons (9.264 million barrels) daily. Refiner/blender input of ethanol averaged 916,000 b/d.Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.38%. SHARElast_img