Ethanol production falls to near three-month low
The U.S. Energy Information Administration reported ethanol production dropped to a three-month low, averaging 1.049 million barrels per day for the week ending September 13, down from 1.09 million the previous week. Midwest production fell to 986,000 barrels daily, while Gulf Coast output rose slightly. Other regions, including the East Coast and West Coast, saw no changes in production levels.
The Energy Information Administration says ethanol output fell to its lowest level in three months while inventories rose slightly during the week that ended on September 13. The agency said production sank to an average of 1.049 million barrels a day, down from 1.09 million barrels a day the previous week. It’s also the lowest output since June 21.
The Midwest, which produces the most ethanol of any region in the country, saw production drop to an average of 986,000 barrels a day from 1.019 million the week prior. That’s the lowest point in the region since June 7. That was the entirety of the losses as Gulf Coast production rose to an average of 28,000 barrels a day.
East Coast output was unchanged at 12,000 barrels a day, and Rocky Mountain production was steady at 14,000 barrels. West Coast production remained at an average of 9,000 barrels per day.
Source Link : https://kfgo.com/2024/09/20/ethanol-production-falls-to-near-three-month-low/
