EIA: U.S. Ethanol Output Rises, Stocks Down 3.1% on Year


   
Karim Bastati
DTN Analyst

   VIENNA (DTN) -- The Energy Information Administration reported on Wednesday 
(12/17) that overall ethanol production in the United States averaged 1.131 
million bpd, up 26,000 bpd week-on-week and 24,000 bpd, or 2.2% 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 1.078 million bpd, up 32,000 bpd 
week-on-week and 33,000 bpd, or 3.2% 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 906,000 bpd, up 55,000 bpd 
week-on-week and 14,000 bpd, or 1.5% 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 up 12,000 bpd on the week while inputs in 
the Midwest were up 15,000 bpd, up 19,000 bpd on the Gulf Coast and up 7,000 
bpd on the West Coast.

   
Domestic ethanol inventories ended the week at 22.353 million bbl, down 157,000 
bbl week-on-week and 721,000 bbl, or 3.1% lower than in the same week last year.

   
East Coast PADD 1 inventories ended the week at 6.458 million bbl, up 69,000 
bbl week-on-week and 313,000 bbl, or 4.6% lower than in the same week last year.

   
Midwest PADD 2 inventories ended the week at 9.097 million bbl, down 152,000 
bbl week-on-week and 2,000 bbl, or 0% lower than in the same week last year.

   
Gulf Coast PADD 3 inventories ended the week at 3.964 million bbl, down 52,000 
bbl week-on-week and 336,000 bbl, or 7.8% lower than in the same week last year.

   
West Coast PADD 5 inventories ended the week at 2.456 million bbl, down 18,000 
bbl week-on-week and 68,000 bbl, or 2.7% lower than in the same week last year.

    




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