EIA data shows ethanol consumption continued to grow in May

By Erin Voegele | September 03, 2013

The U.S. Energy Information Administration has released the August issue of its Monthly Energy Review, which includes ethanol production, trade and consumption statistics through May 2013. The data demonstrates ethanol production continued to expand throughout the spring, while U.S. consumption continued its growth trend.

The U.S. ethanol industry produced 1.142 billion gallons of ethanol in May, up from 1.078 billion gallons in April. Production was down slightly compared to May 2012 production level of 1.164 billion gallons. During the first five months of this year, the U.S. produced a combined 5.297 billion gallons of ethanol, down from 5.775 billion gallons produced during the same period of last year.

Net imports for May equaled -535,000 barrels, down slightly from -559,000 barrels the prior month. The net import level for May 2012 was -1.013 million barrels. During the first five months of this year, the net import level was -2.631 million barrels, down significantly from the -7.762 million barrel net import level for the same time period of last year.

Consumption continued to grow in May, reaching 1.155 billion gallons. The consumption level for the prior month was 1.109 billion gallons. During the first five months of the year, consumption reached 5.349 billion gallons. U.S. ethanol consumption for the same period of last year was 5.299 billion gallons.

The most recent weekly ethanol plant production data published by the EIA shows that an average of 820,000 barrels per day of ethanol was produced during the week of Aug. 23, down slightly from the 844,000 barrel per day average the prior week.