BioFuels Journal

RFA Issues 2007 Final Ethanol Production and Demand Report

Washington, DC—The American ethanol industry produced a record amount of fuel ethanol in 2007.

According to year-end date released March 3 by the Energy Information Administration (EIA), U.S. ethanol production averaged 423,000 barrels per day (b/d), totaling 6.48 billion gallons for the year.

That is an increase of 108,000 b/d over 2006.

Ethanol demand, as calculated by the Renewable Fuels Association, continued to outpace production.

For 2007, ethanol demand averaged 446,000 b/d totaling 6.84 billion gallons of demand for the year.

That is an increase of more than 1.5 billion gallons over 2006 demand.

The RFA released the following statistics:

December 2007 Statistics

(mg = million gallons; b/d = barrels per day) >Fuel Ethanol Production ... 636.8 mg ... 489,000 b/d

>Fuel Ethanol Use ... 645.7 mg ... 518,000 b/d

>Fuel Ethanol Stocks ... 441.4 mg ... 20.3 days of reserve

>Fuel Ethanol Exports ... 0.0mg ... ^n/a

>Fuel Ethanol Imports ... 8.9 mg*

Source: *U.S. International Trade Commission ... ^ Jim Jordan and Associates

Year-end 2007 Statistics

(mg = million gallons; b/d = barrels per day)

>Fuel Ethanol Production (annual)6,485.5 mg423,000 b/d

>Fuel Ethanol Use (annual)6,846.6 mg446,000 b/d

>Fuel Ethanol Stocks (monthly average)410.6 mg21.9 days of reserve

>Fuel Ethanol Exports (monthly average)0.0mg^n/a

>Fuel Ethanol Imports (monthly average)36.3 mg*

*Source: U.S. International Trade Commission ... ^Jim Jordan and Associates

For more information, call Matt Hartwig at 202-289-3835.