EIA: U.S. Ethanol Production Rises, Stocks Fall 1.1%% on Ye
12/29 5:53 PM
EIA: U.S. Ethanol Production Rises, Stocks Fall 1.1% on Year
Maria Eugenia Garcia
DTN Energy Editor
HOUSTON, TX (DTN) --The Energy Information Administration reported on
Wednesday (12/29) that overall ethanol production in the United States averaged
1.095 million bpd, up 36,000 bpd week-on-week and 12,000 bpd, or 1.1% lower
than in the same week last year. Four-week average output at 1,114 million bpd
was 24,000 bpd above the same four weeks last year, according to EIA data
delayed by the Christmas holiday..
Midwest ethanol production averaged 1.038 million bpd, down 40,000 bpd
week-on-week and 7,000 bpd, or 0.7% lower than in the same week last year.
Four-week average output at 1.057 million bpd was 27,000 bpd above the same
four weeks last year.
Ethanol blending activity in the U.S. averaged 912,000 bpd, up 6,000 bpd
week-on-week and 8,000 bpd, or 0.9% lower than in the same week last year.
Four-week average blending demand at 881,000 bpd was 14,000 bpd below the same
four weeks last year.
Blender inputs at the East Coast were up 10,000 bpd on the week while inputs in
the Midwest were down 5,000 bpd, down 0,000 bpd on the Gulf Coast and up 1,000
bpd on the West Coast.
Domestic ethanol inventories ended the week at 22.528 million bbl, up 175,000
bbl week-on-week and 546,000 bbl, or 2.4% lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.322 million bbl, down 136,000
bbl week-on-week and 449,000 bbl, or 7.1% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 9.379 million bbl, up 282,000 bbl
week-on-week and 280,000 bbl, or 3% higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 3.852 million bbl, down 112,000
bbl week-on-week and 448,000 bbl, or 11.6% lower than in the same week last
year.
West Coast PADD 5 inventories ended the week at 2.593 million bbl, up 137,000
bbl week-on-week and 69,000 bbl, or 2.7% higher than in the same week last year.
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