Ethanol Production Jumps to Highest Level Since June, Fourth-Highest Total on Record
Ethanol production in the U.S. climbed to the highest level in seven months last week, and stockpiles also increased in the seven days through January 10, according to the Energy Information Administration.
Output jumped to an average of 1.095 million barrels a day from 1.062 million the previous week, the EIA said in a report. That’s the highest level since the week that ended on June 7, and the fourth-highest total on record, government data show.
In the Midwest, by far the largest-producing region, production of the biofuel surged to 1.012 million barrels a day, on average. That’s up from 984,000 barrels a day the previous week.
East Coast output also increased, rising to 28,000 barrels a day from 25,000 the previous week. Gulf Coast production rose to 25,000 barrels a day, on average, from 22,000 barrels.
Rocky Mountain output was unchanged at an average of 14,000 barrels a day.
Production on the West Coast, however, declined to 16,000 barrels a day from 17,000 a week earlier, the EIA said in its report.
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