US ethanol industry sets new production record

By Erin Voegele | December 07, 2017

The U.S. ethanol industry set a new production record the week ending Dec. 1, with production averaging 1.108 million barrels per day, according to data published by the U.S. Energy Information Administration. The new production record breaks the one set in mid-November, when production averaged 1.074 million barrels per day the week ending Nov. 17. 

EIA data shows the U.S. ethanol industry has set new records for weekly ethanol production five time so far this year, including three new records that were set in January, one that was set in November, and the current record set the week ending Dec. 1.

In its Short-Term Energy Outlook for November, the EIA predicted that ethanol production will average 1.03 million barrels per day this year, increasing to 1.04 million barrels per day next year.