EIA: U.S. Ethanol Stocks Rise, Up 3.2% Year-on-Year


   
Karim Bastati
DTN Analyst

   VIENNA (DTN) -- The Energy Information Administration reported on Wednesday 
(7/15) that overall ethanol production in the United States averaged 1.04 
million bpd in the week ending July 10, down 53,000 bpd week-on-week and 47,000 
bpd, or 4.3% lower than in the same week last year. Four-week average output at 
1.085 million bpd was 3,000 bpd above the same four weeks last year.

   
Midwest ethanol production averaged 976,000 bpd, down 56,000 bpd week-on-week 
and 52,000 bpd, or 5.1% lower than in the same week last year. Four-week 
average output at 1.024 million bpd in line with year-ago levels.

   
Ethanol blending activity in the U.S. averaged 906,000 bpd, up 5,000 bpd 
week-on-week and 26,000 bpd, or 3% higher than in the same week last year. 
Four-week average blending demand at 913,000 bpd was 8,000 bpd above the same 
four weeks last year.

   
Blender inputs at the East Coast were up 5,000 bpd on the week while inputs in 
the Midwest were down 6,000 bpd, up 12,000 bpd on the Gulf Coast and down 5,000 
bpd on the West Coast.

   
Domestic ethanol inventories ended the week at 24.391 million bbl, up 463,000 
bbl week-on-week and 756,000 bbl, or 3.2% higher than in the same week last 
year.

   
East Coast PADD 1 inventories ended the week at 6.486 million bbl, up 28,000 
bbl week-on-week and 648,000 bbl, or 9.1% lower than in the same week last year.

   
Midwest PADD 2 inventories ended the week at 9.972 million bbl, down 55,000 bbl 
week-on-week and 111,000 bbl, or 1.1% higher than in the same week last year.

   
Gulf Coast PADD 3 inventories ended the week at 5.323 million bbl, up 313,000 
bbl week-on-week and 1.301 million bbl, or 32.3% higher than in the same week 
last year.

   
West Coast PADD 5 inventories ended the week at 2.289 million bbl, up 183,000 
bbl week-on-week and 28,000 bbl, or 1.2% lower than in the same week last year.




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