EIA Weekly Ethanol Report
EIA: US Ethanol Inventories Expand, Up 3.3% Year-on-Year
VIENNA (DTN) -- Ethanol production in the United States averaged 1.017 million barrels per day (bpd) in the week ended May 1, up 8,000 bpd week-on-week and 3,000 bpd, or 0.3%, lower than in the same week last year, the Energy Information Administration reported Wednesday. Four-week average output at 1.071 million bpd was 44,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 959,000 bpd, up 2,000 bpd week-on-week and 9,000 bpd, or 0.9%, lower than in the same week last year. Four-week average output at 1.017 million bpd was 48,000 bpd above the same four weeks last year.
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Ethanol blending activity in the U.S. averaged 902,000 bpd, down 15,000 bpd week-on-week and 16,000 bpd, or 1.8%, higher than in the same week last year. Four-week average blending demand at 902,000 bpd was in line with year-ago levels.
Blender inputs at the East Coast were unchanged from last week while inputs in the Midwest were down 5,000 bpd, down 1,000 bpd on the Gulf Coast and down 9,000 bpd on the West Coast.
Domestic ethanol inventories ended the week at 26.02 million barrels (bbl), up 139,000 bbl week-on-week and 829,000 bbl, or 3.3%, higher than in the same week last year.
East Coast PADD 1 inventories ended the week at 7.695 million bbl, down 207,000 bbl week-on-week and 201,000 bbl, or 2.7%, higher than in the same week last year.
Midwest PADD 2 inventories ended the week at 10.249 million bbl, up 229,000 bbl week-on-week and 6,000 bbl, or 0.1%, higher than in the same week last year.
Gulf Coast PADD 3 inventories ended the week at 5.264 million bbl, up 14,000 bbl week-on-week and 840,000 bbl, or 19%, higher than in the same week last year.
West Coast PADD 5 inventories ended the week at 2.451 million bbl, up 100,000 bbl week-on-week and 26,000 bbl, or 1%, lower than in the same week last year.
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