EIA: Fuel ethanol production up 2%, stocks up slightly
SOURCE: U.S. Energy Information Administration
July 26, 2023
BY Erin Voegele
U.S. fuel ethanol production was up 2 percent the week ending July 21, according to data released by the U.S. Energy Information Administration on July 26. Stocks of fuel ethanol were up slightly while exports were unchanged from the previous week.
Fuel ethanol production averaged 1.094 million barrels per day the week ending July 21, up 24,000 barrels per day when compared to the 1.07 million barrels per day of production reported for the previous week. When compared to the same week of last year, production for the week ending July 21 was up 73,000 barrels per day.
Weekly ending stocks of fuel ethanol reached 23.228 million barrels the week ending July 21, up 62,000 barrels when compared to the 12.166 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending July 21 were down 100,000 barrels.
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Fuel ethanol exports averaged 86,000 barrels per day the week ending July 21, a level that was maintained from the previous week. Data on weekly ethanol exports is not available for the corresponding week of 2022 as the EIA began reporting weekly data on fuel ethanol exports in June 2023. According to EIA data, no fuel ethanol imports were reported for the week ending July 21.
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