US ethanol production reaches 154.4m bbl in '07

03 March 2008 21:13 [Source: ICIS news]

HOUSTON (ICIS news)--US fuel ethanol production reached a record 154.4m bbl in 2007, up 33% from 116.3 bbl produced in 2006, the Energy Information Administration (EIA) said on Monday.

The rate of production for 2007 was 423,000 bbl/day, up from 318,570 bbl/day reached in 2006, the EIA said.

For the month of December, production reached 15.2m bbl, up from 11.2m bbl for December 2006, the EIA said. In November 2007, production was 14.4m bbl.

December ethanol stocks were 10.5m bbl, down from 11.2m bbl in November, the administration said.

The Renewable Fuels Association (RFA) said ethanol demand continued to outpace production. For 2007, ethanol demand averaged 446,000 bbl/day, the association said.

Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels

By: Al Greenwood
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