October 13, 2022
BY Erin Krueger
U.S. fuel ethanol production expanded by nearly 5 percent the week ending Oct. 7, according to date released by the U.S. Energy Information Administration on Oct. 13. Ethanol stocks were up by nearly 1 percent.
Fuel ethanol production averaged 932,000 barrels per day the week ending Oct. 7, up 43,000 barrels per day when compared to the 889,000 barrels per day of production reported for the previous week. When compared to the same week of last year, production for the week ending Oct. 7 was down 100,000 barrels per day.
Weekly ending stocks of fuel ethanol expanded to 21.863 million barrels the week ending Oct. 7, up 178,000 barrels when compared to the 21.685 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending Oct. 7 were up 2.016 million barrels.
Advertisement
Advertisement
Advertisement
Advertisement
CoBank’s latest quarterly research report, released July 10, highlights current uncertainty around the implementation of three biofuel policies, RFS RVOs, small refinery exemptions (SREs) and the 45Z clean fuels production tax credit.
The U.S. Energy Information Administration maintained its forecast for 2025 and 2026 biodiesel, renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released July 8.
XCF Global Inc. on July 10 shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
XCF Global Inc. on July 8 provided a production update on its flagship New Rise Reno facility, underscoring that the plant has successfully produced SAF, renewable diesel, and renewable naphtha during its initial ramp-up.