EIA: Ethanol production holds relatively steady in December
The U.S Energy Information Administration’s weekly ethanol plant production statistics show that ethanol production dropped off slightly during the final week of 2012, to 807,000 barrels per day. U.S. ethanol plants produced an average of 834,000 barrels per day the prior week. The four-week average was 822,000 barrels.
When compared to prior years, the four-week average was down slightly. The four-week average for the final week of 2011 was 952,000 barrels. In 2010, the four-week average for the final week of December was 920,000 barrels.
Ethanol imports during the week of Dec. 28 increased, to 87,000 barrels per day. The week prior the EPA reported average daily imports of 26,000 barrels. The four-week average for ethanol imports was 41,000 barrels per day.
The four-week average daily import level increased compared to prior years. During the last week of 2011, the average daily import level was 13,000 barrels. In 2010, it was zero.