News

Weekly ethanol production holds over 1 million barrels

U.S. ethanol production averaged 1.012 million barrels a day for the week ending November 25th.

That down 2,000 from the previous week, but still the fifth week in a row with production topping a million barrels. Manufacturers expect continued good domestic demand, with an eye on the EPA’s recent revision of the renewable fuels standard.

The U.S. Energy Information Administration says U.S. ethanol stocks were down more than a half million barrels on the week at 18.448 million, holding near the more than one year lows.