US ethanol production hits all time record rate of 15.82B gallons per year

In Washington, according to EIA data as analyzed by the Renewable Fuels Association, US ethanol production averaged 1.028 million barrels per day (b/d)—or 43.18 million gallons daily. That is down 8,000 b/d from the week before. The four-week average for ethanol production stood at an all-time high of 1.032 million b/d for an annualized rate of 15.82 billion gallons. Stocks of ethanol stood at 18.7 million barrels. That is a 2.0% decrease from last week. Imports of ethanol were zero b/d for the 18th straight week.

Gasoline demand for the week averaged 389.7 million gallons (9.278 million barrels) daily. Refiner/blender input of ethanol averaged 935,000 b/d. Expressed as a percentage of daily gasoline demand, daily ethanol production was 11.08%.

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