EIA: Ethanol Stocks Down

NEW YORK (DTN) -- The Energy Information Administration released data Wednesday showing ethanol inventories and domestic production fell while blender inputs increased slightly last week.

The data showed total inventories were drawn down 800,000 bbl or 3.6% to 20.4 million bbl for the week-ended July 22, with a year-over-year surplus reduced to 800,000 bbl or 4.1%.

Regionally, PADD 1 East Coast supplies fell by 100,000 bbl to 7.4 million bbl while PADD 2 Midwest supplies rose 100,000 bbl to 6.5 million bbl. PADD 3 Gulf Coast supplies fell 700,000 bbl to 3.7 million bbl while inventories in PADD 4 Rocky Mountain and PADD 5 West Coast were unchanged.

Plant production decreased 31,000 bpd or 3.0% to 998,000 bpd while up 27,000 bpd or 2.8% year-over-year.

Net refinery and blender inputs increased 2,000 bpd to 936,000 bpd during the week-ended July 22, while up 41,000 bpd or 4.6% year-over-year.