In Washington, D.C., ethanol production averaged 1.013 million barrels per day (b/d)— equivalent to 42.55 million gallons daily, according to EIA data analyzed by the Renewable Fuels Association. Output fell by 25,000 b/d, or 2.4%, from the previous week and was 6.8% below the same week last year. The four-week average ethanol production rate declined by 0.7% to 1.030 million b/d, equivalent to an annualized rate of 15.79 billion gallons.
Ethanol stocks rebounded to 23.8 million barrels ahead of the holiday weekend, increasing 3.6% to the highest level in three weeks. Stocks rose in coastal regions but declined in the Midwest (PADD 2). Imports of ethanol into the West Coast were 26,000 b/d, or 7.64 million gallons for the week. This was the second straight week and the third time in five weeks that ethanol was imported. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of July 2019.)
The volume of gasoline supplied receded to 9.471 million b/d (397.8 million gallons per day, or 145.19 bg annualized), down 4.3% from the near-record level the previous week. Refiner/blender net inputs of ethanol eased 0.3% to 952,000 b/d, equivalent to 14.59 bg annualized. Expressed as a percentage of daily gasoline demand, daily ethanol production rebounded to 10.70%.
This articles was originally posted at: https://www.biofuelsdigest.com/bdigest/2019/09/07/ethanol-production-falls-2-4-from-previous-week-down-6-8-compared-to-same-week-last-year/ on