EIA: Ethanol production up 3%, stocks down 2%
SOURCE: U.S. Energy Information Administration
September 13, 2023
BY Erin Krueger
U.S. fuel ethanol production was up nearly 3 percent the week ending Sept. 8, according to date released by the U.S. Energy Information Administration on Sept. 13. Ethanol stocks were down 2 percent and exports were down 17 percent.
Ethanol production averaged 1.039 million barrels per day the week ending Sept. 8, up 27,000 barrels per day when compared to the 1.012 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 Sept. 8 was up 76,000 barrels per day.
Weekly ending stocks of fuel ethanol fell to 21.171 million barrels the week ending Sept. 8, down 450,000 barrels when compared to the 21.621 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending Sept. 8 were down 1.672 million barrels.
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Fuel ethanol exports averaged 68,000 barrels per day the week ending Sept. 8, down 14,000 barrels per day when compared to the 82,000 barrels per day of exports reported for 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 Sept. 8.
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