Renewable Fuels Association
According to EIA data analyzed by the Renewable Fuels Association for the week ending October 15, ethanol production expanded by 64,000 barrels per day (b/d), or 6.2%, to 1.096 million b/d, equivalent to 46.03 million gallons daily. This is the third-highest volume on record and just 12,000 b/d below the all-time record.
Production was 20.0% above the same week last year, which was affected by the pandemic, and 10.0% above the same week in 2019. The four-week average ethanol production volume increased 4.5% to 1.005 million b/d, equivalent to an annualized rate of 15.41 billion gallons (bg).