EIA Weekly Ethanol Report
EIA: US Ethanol Output Jumps 3% Year-Over-Year for 2nd Straight Week
HOUSTON (DTN) -- Ethanol production in the United States averaged 1.113 million barrels per day (bpd) in the week ended Feb. 20, down 5,000 bpd week-on-week and 32,000 bpd, or 3%, higher than in the same week last year, the Energy Information Administration reported Wednesday. Four-week average output at 1.127 million bpd was 23,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.06 million bpd, up 2,000 bpd week-on-week and 27,000 bpd, or 2.6%, higher than in the same week last year. Four-week average output at 1.07 million bpd was 24,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 866,000 bpd, down 0,000 bpd week-on-week and 20,000 bpd, or 2.4%, higher than in the same week last year. Four-week average blending demand at 853,000 bpd was 6,000 bpd above the same four weeks last year.
Blender inputs at the East Coast were up 2,000 bpd on the week while inputs in the Midwest were down 1,000 bpd, up 9,000 bpd on the Gulf Coast and down 11,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 25.646 million barrels (bbl), up 58,000 bbl week-on-week and 1.925 million bbl, or 7%, lower than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.32 million bbl, down 224,000 bbl week-on-week and 939,000 bbl, or 11.4%, lower than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.441 million bbl, down 153,000 bbl week-on-week and 719,000 bbl, or 6.4%, lower than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 4.806 million bbl, up 433,000 bbl week-on-week and 435,000 bbl, or 8.3%, lower than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.69 million bbl, up 14,000 bbl week-on-week and 102,000 bbl, or 3.9%, higher than in the same week last year.
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