August 11, 2022
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Weekly Ethanol Production for 6/17/24 and 6/24/2022

The U.S. Energy Information Administration released fuel supply-and-demand data for the last two weeks today, due to systems issues that were experienced last week. The Renewable Fuels Association’s analysis of the EIA data for each week is provided below.
For the Week Ending June 17:
Ethanol production narrowed by 0.5% to 1.055 million b/d. Production was 0.7% more than the same week last year and 3.4% above the five-year average for the week. The four-week average ethanol production volume increased 1.0% to 1.056 million b/d, equivalent to an annualized rate of 16.19 billion gallons (bg).
Ethanol stocks expanded 1.2% to 23.5 million barrels. Stocks were 11.2% higher than a year ago and 9.5% above the five-year average.
                                                                                          
The volume of gasoline supplied to the U.S. market, a measure of implied demand, slid 6.5% to a twelve-week low of 8.51 million b/d (130.38 bg annualized). Demand was 9.9% less than a year ago and 9.1% below the five-year average.
Conversely, refiner/blender net inputs of ethanol increased 0.2% to 903,000 b/d, equivalent to 13.84 bg annualized. However, net inputs were 2.1% less than a year ago and 2.1% below the five-year average.
There were no imports of ethanol.
For the Week Ending June 24:
Ethanol production eased 0.4% to 1.051 million b/d, equivalent to 44.14 million gallons daily. Production was 0.7% less than the same week last year but 2.6% above the five-year average for the week. The four-week average ethanol production volume was also 1.051 million b/d, equivalent to an annualized rate of 16.11 billion gallons (bg).
Ethanol stocks dropped 3.1% to 22.7 million barrels, a low for the year. However, stocks were 5.4% higher than a year ago and 5.2% above the five-year average. Inventories thinned across all regions except the East Coast (PADD 1).
                                                                                          
Gasoline supplied to the U.S. market rebounded 4.9% to 8.92 million b/d (136.77 bg annualized). Demand was 2.7% less than a year ago and 4.7% below the five-year average.
Refiner/blender net inputs of ethanol rose 0.6% to 908,000 b/d, equivalent to 13.92 bg annualized. Net inputs were 3.2% less than a year ago and 1.5% below the five-year average.
There were no imports of ethanol for the sixth consecutive week. (Weekly export data for ethanol is not reported simultaneously; the latest export data is as of April 2022.)
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