Weekly Ethanol Production for 11/17/2017

Here is the weekly ethanol production data for the week ended 11/17/2017. 

According to EIA data analyzed by the Renewable Fuels Association, ethanol production averaged 1.074 million barrels per day (b/d)—or 45.11 million gallons daily. 

That is up 20,000 b/d from the week before. 

As a result, ethanol production experienced the highest rate of output ever recorded, besting the previous record (set the week of Jan. 27, 2017) by a whopping 13,000 b/d. 

The four-week average for ethanol production increased to a record 1.06 million b/d for an annualized rate of 16.25 billion gallons. 

Stocks of ethanol were 21.9 million barrels. 

That is a 1.9% increase from last week and a 22-week high. 

There were zero imports recorded for the second week in a row. 

Average weekly gasoline demand increased 4.6% to a 10-week high of 403.0 million gallons (9.595 million barrels) daily. 

This is equivalent to 147.1 billion gallons annualized. 

Refiner/blender input of ethanol increased 0.2% to 920,000 b/d, equivalent to 14.1 billion gallons annualized.

Expressed as a percentage of daily gasoline demand, daily ethanol production decreased to 11.19%. 

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