Ethanol output rose to a record high in the seven days that ended on Nov. 8, according to data from the Energy Information Administration. Production jumped to an average of 1.113 million barrels a day, the agency said. That’s up from 1.105 million barrels a week earlier and the highest since recordkeeping began in 2010.
In the Midwest, by far the biggest producing region, output increased to 1.05 million barrels a day, the highest since Oct. 29, 2021. That marks the region’s third-highest production level of all time. Gulf Coast output increased to an average of 28,000 barrels a day from 26,000 the week prior, the government said. Rocky Mountain production was unchanged at 15,000 barrels a day, and West Coast output was steady at 10,000 barrels.
Ethanol inventories in the week through Nov. 8 totaled 22.039 million barrels. That’s up from 22.02 million a week earlier, the agency said in its report.