EIA: US Ethanol Output Increases
US Ethanol Output Ramps Up 1.5%, Back Above 1M Bpd
OAKHURST, N.J. (DTN) -- The latest Energy Information Administration data showed ethanol inventories in the United States increased through Feb. 11 as production moved back above 1 million barrels per day (bpd) after slipping below the mark during the previous week.
The EIA reported domestic ethanol production rose 15,000 bpd last week to 1.009 million bpd, with output now above 1 million bpd for 18 of the last 19 weeks. Four-week average output totaled 1.02 million bpd versus 929,000 bpd during the same four weeks in 2021.
Data show Midwest PADD 2 output increased 10,000 bpd last week to 949,000 bpd, 9.3% above the corresponding week a year ago.
In the week ended Feb. 11, net refiner, blender ethanol inputs rose 16,000 bpd to 835,000 bpd, 5.8% higher than the same time in 2021.
At the East Coast PADD 1, the blending rate rose 4.5% while PADD 2 refiners and blenders reported a decrease of 0.9%. There was no change in blending activity at the Gulf Coast PADD 3.
PADD 1 ethanol stocks rose 483,000 barrels (bbl) to 7.840 million bbl while PADD 2 supply added 22,000 bbl to 10.151 million bbl. EIA reported PADD 3 ethanol stocks continued lower, down 65,000 bbl to 4.003 million bbl as of Feb. 11, and PADD 5 inventory rose 232,000 bbl to 3.077 million bbl.
Total domestic ethanol supply increased 684,000 bbl to 25.483 million bbl through Feb. 11, 4.9% higher than the same week last year.
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