Ethanol Production Hits Highest Level In Past 12 Months

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).

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