EIA: Ethanol Production Up 3%, Stocks Up 3%, Exports Down 33%
U.S. fuel ethanol production was up 3 percent the week ending Dec. 22, according to data released by the U.S. Energy Information Administration on Dec. 28. Stocks of fuel ethanol were also up 3 percent, while exports were down 33 percent.
Fuel ethanol production averaged 1.107 million barrels per day the week ending Dec. 22, up 36,000 barrels per day when compared to the 1.071 million barrels per day of production reported for the previous week, and the highest level of production reported since October 2021. When compared to the same week of last year, production for the week ending Dec. 22 was up 144,000 barrels per day.
Weekly ending stocks of fuel ethanol for the reached 23.517 million barrels the week ending Dec. 22, up 611,000 barrels when compared to the 22.906 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending Dec. 22 were up 1.119 million barrels.
Fuel ethanol exports averaged 132,000 barrels per day the week ending Dec. 22, down 64,000 barrels per day when compared to the 196,000 barrels per day of exports reported for the previous week. Data on weekly ethanol exports is not available for the corresponding week of 2022 as the EIA began reporting weekly data on fuel ethanol exports in June 2023. No fuel ethanol imports were reported for the week ending Dec. 22.
Recommended for you
