US fuel ethanol stocks drop 1.7% to 17.6m bbl - EIA

01 September 2010 20:35  [Source: ICIS news]

HOUSTON (ICIS)--US fuel ethanol stocks fell by 1.7% to 17.6m bbl (738m gal) in the week ended 27 August from a week earlier, the US Energy Information Administration (EIA) said on Wednesday.

However, production as assessed by the EIA rose last week to an average of 856,000 bbl/day, a 2.5% increase from 835,000 bbl/day in the previous week.

US ethanol production in August averaged 854,000 bbl/day, a 2.2% increase from 836,000 bbl/day in July, according to EIA data.

US weekly ethanol inventories – m bbl (EIA)

27 Aug

20 Aug

13 Aug

06 Aug

30 Jul

17.6

17.9

19.2

19.3

19.5

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By: William Lemos
+1 713 525 2653



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