US fuel ethanol stocks drop 3.6% to 16.3m bbl - EIA

14 October 2010 20:58  [Source: ICIS news]

HOUSTON (ICIS)--US fuel ethanol stocks fell by 3.6% to 16.3m bbl (685m gal) in the week ended 8 October from a week earlier, the US Energy Information Administration (EIA) said on Thursday.

Despite the drop, ethanol production last week averaged 877,000 bbl/day, an increase of 1.6% from 863,000 bbl/day in the previous week, the government said.

US ethanol production in September averaged 855,500 bbl/day, up from 854,000 bbl/day in August, according to EIA data.

US weekly ethanol inventories – m bbl (EIA)

08 Oct

01 Oct

24 Sep

17 Sep

10 Sep

16.3

16.9

17.2

17.5

17.9

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By: William Lemos
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