EIA releases ethanol statistics for January
April 26, 2013
BY Erin Krueger
The U.S. Energy Information Administration has published the April issue of its Monthly Energy Review, showing a slight decrease in ethanol production in January. According to the review, the U.S. produced 1.047 billion gallons of ethanol in January, a slight drop compared to the 1.091 billion gallons produced the prior month. It was also a reduction from the same period of 2012, when 1.221 billion gallons was produced.
Net imports for January equaled -546,000 barrels. The net import level for December was -79,000 barrels. January marked the second month since July 2012 that ethanol exports outnumbered imports. One year prior, in January 2012, the net import level was reported at -1.789 million barrels.
Ethanol stocks in January were 20.558 million barrels, a reduction of 119,000 million barrels from the 20,677 reported the month prior. Compared to the same period of 2012, stocks were down slightly. The EIA reported 21.753 million barrels in stocks during January 2012.
Consumption was also down slightly from December, reaching 1.029 billion gallons. It was 1.066 billion gallons in January. However, consumption was up significantly compared to the same period of last year, when only 999 million gallons of ethanol s consumed.
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