EIA Weekly Ethanol Report
EIA: US Ethanol Stocks Rise; Output Declines Year-Over-Year
HOUSTON (DTN) -- Ethanol production in the United States averaged 1.089 million barrels per day (bpd) in the week ended May 22, according to the Energy Information Administration. That is down 22,000 bpd week-on-week and 33,000 bpd, or 3%, higher than in the same week last year.
Four-week average output at 1.075 million bpd was 49,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.035 million bpd, down 21,000 bpd week-on-week and 36,000 bpd, or 3.5%, higher than in the same week last year.
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Four-week average output at 1.018 million bpd was 48,000 bpd above the same four weeks last year.
Ethanol blending activity in the U.S. averaged 937,000 bpd, up 20,000 bpd week-on-week and 2,000 bpd, or 0.2%, lower than in the same week last year.
Four-week average blending demand at 916,000 bpd was 2,000 bpd below 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 18,000 bpd on the Gulf Coast and down 0,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 24.968 million barrels (bbl), up 93,000 bbl week-on-week and 687,000 bbl, or 2.8%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.501 million bbl, up 134,000 bbl week-on-week and 49,000 bbl, or 0.7%, higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.118 million bbl, down 35,000 bbl week-on-week and 477,000 bbl, or 4.7%, higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 4.871 million bbl, down 69,000 bbl week-on-week and 269,000 bbl, or 5.5%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.12 million bbl, up 69,000 bbl week-on-week and 132,000 bbl, or 6.2%, lower than in the same week last year.
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