EIA: U.S. Ethanol Output Increases, Stocks 0.6%% Down on Ye
12/31 10:49 AM
EIA: U.S. Ethanol Output Increases, Stocks 0.6% Down on Year
Maria Eugenia Garcia
DTN Energy Editor
HOUSTON, TX (DTN) --The Energy Information Administration reported on
Wednesday (12/31) that overall ethanol production in the United States averaged
1.12 million bpd, up 25,000 bpd week-on-week and 13,000 bpd, or 1.2% higher
than in the same week last year. Four-week average output at 1.119 million bpd
was 26,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.063 million bpd, up 25,000 bpd
week-on-week and 18,000 bpd, or 1.7% higher than in the same week last year.
Four-week average output at 1.062 million bpd was 31,000 bpd above the same
four weeks last year.
Ethanol blending activity in the U.S. averaged 888,000 bpd, down 24,000 bpd
week-on-week and 32,000 bpd, or 3.5% lower than in the same week last year.
Four-week average blending demand at 875,000 bpd was 12,000 bpd below the same
four weeks last year.
Blender inputs at the East Coast were down 14,000 bpd on the week while inputs
in the Midwest were down 2,000 bpd, down 1,000 bpd on the Gulf Coast and down
6,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 22.944 million bbl, up 416,000
bbl week-on-week and 130,000 bbl, or 0.6% lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 6.159 million bbl, down 163,000
bbl week-on-week and 612,000 bbl, or 9% lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.321 million bbl, up 942,000 bbl
week-on-week and 1.222 million bbl, or 13.4% higher than in the same week last
year.
Gulf Coast PADD 3 inventories ended the week at 3.737 million bbl, down 115,000
bbl week-on-week and 563,000 bbl, or 13.1% lower than in the same week last
year.
West Coast PADD 5 inventories ended the week at 2.359 million bbl, down 234,000
bbl week-on-week and 165,000 bbl, or 6.5% lower than in the same week last year.
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