US Ethanol Inventory Down

By DTN Staff

OAKHURST, N.J. (DTN) -- Domestic ethanol inventory was drawn down for a second week through July 22 as blender inputs increased about 1% and production declined 1.3%, the latest Energy Information Administration data show.

Output at domestic ethanol plants fell 13,000 barrels per day (bpd) to 1.021 million bpd, 0.7% higher than the same week in 2021. Ethanol plant output averaged 1.026 million bpd during the four weeks ended July 22, down 11,000 bpd versus the same four weeks a year earlier.

Data show blending activity up 8,000 bpd on the week to 895,000 bpd, down 35,000 bpd or 3.8% from the corresponding week last year.

EIA reports refiner and blender net inputs along the East Coast PADD 1 gained 2,000 bpd to 321,000 bpd while up 5,000 bpd in the Midwest PADD 2 to 247,000 bpd, up 2,000 bpd in Gulf Coast PADD 3 to 147,000 bpd and 1,000 bpd higher at 149,000 bpd in the West Coast PADD 5.

Overall ethanol inventory fell 225,000 barrels (bbl) to 23.328 million bbl last week, leaving stocks 2.6% higher than the same week last year.

East Coast ethanol inventory fell 81,000 bbl to 7.512 million bbl through July 22, while Midwest stocks fell a third week, down 83,000 bbl to 8.691 million bbl. The agency reports Gulf Coast inventory added 38,000 bbl to 4.192 million bbl and stocks at the West Coast PADD 5 fell 74,000 bbl to 2.577 million bbl.

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