US Fuel Ethanol Production and Demand Hit Highs in January
US fuel ethanol production in January averaged more than 818,000 barrels per day (b/d)—an increase of 188,000 b/d over January 2009, according to the US Energy Information Administration (EIA).
Ethanol demand, as calculated by the Renewable Fuels Association, also reached an all time high at 784,000 b/d in January, up from 644,000 b/d a year ago.
EIA also reports fuel ethanol imports of 1.4 million gallons in January. The RFA released the following:
| January 2010 Ethanol Production/Demand (mg = million gallons; b/d = barrels per day) |
||||||
|---|---|---|---|---|---|---|
| Fuel ethanol production | 1,065.4 mg | 818,000 b/d | ||||
| Fuel ethanol use | 1,019.7 mg | 783,000 b/d | ||||
| Fuel ethanol stocks | 747.6 mg | 22.7 days of reserve | ||||
| Fuel ethanol exports | 0 | n/a | ||||
| Fuel ethanol imports | 1.4 mg | |||||
The increase seen in ethanol reserves during a time of great economic advantage in ethanol pricing speaks directly to the need for EPA to allow up to 15% ethanol blends for all vehicles, regardless of model year.
—RFA President Bob Dinneen
By Green Car Congress on 04/09/2010 – 5:55 am PST -- Green