Ethanol production up from last week

January 21, 2018 |

In Washington, D.C., ethanol production averaged 1.061 million barrels per day (b/d)—or 44.56 million gallons daily, according to government data analyzed by the Renewable Fuels Association. That is up 66,000 b/d from the week before. The four-week average for ethanol production decreased to 1.045 million b/d for an annualized rate of 16.02 billion gallons. Stocks of ethanol remained at 22.7 million barrels for the second straight week. There were zero imports recorded for the sixth week in a row.

Average weekly gasoline demand decreased 1.7% to 364.1 million gallons (8.668 million barrels) daily. This is equivalent to 132.88 gallons annualized. However, refiner/blender input of ethanol rebounded by 7.7% to 856,000 b/d, equivalent to 13.12 billion gallons annualized. The ethanol content in gasoline supplied to the market averaged 9.88% up from 9.02% the previous week. Expressed as a percentage of daily gasoline demand, daily ethanol production increased to a six-week high of 12.24%.

Category: Fuels

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