Nation’s Ethanol Production Drops

ethanol

Figures from the federal government show ethanol production dropped about 4,000 barrels a day this week from last week’s record high.

The Energy Information Administration says production averaged 1.036 million barrels a day which translated into 43.51 million gallons daily.

Stocks stood at 19.1 million barrels which is a drop of 0.1% from a week ago.

 

Gasoline demand for the week averaged 389.3 million gallons (9.269 million barrels) daily. Refiner/blender input of ethanol averaged 918,000 b/d.

Expressed as a percentage of daily gasoline demand, daily ethanol production was 11.18%.

 

 

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