The Energy Information Administration says ethanol production rose week-to-week while inventories dropped to the lowest level in five months during the week ending on April 28. Output increased to an average of 976,000 barrels a day. That’s up from 967,000 barrels during the prior week. The Midwest region, which produces the most ethanol in the country, rose to an average of 922,000 barrels a day from 916,000 barrels the previous week. Rocky Mountain output increased to 14,000 barrels a day, 1,000 barrels higher than the week prior. West Coast production also rose by 1,000 barrels a day to an average of 4,000 barrels. Production on the East Coast and Gulf Coast held steady at 12,000 and 24,000 barrels a day respectively. Ethanol inventories during the week plunged to 23.36 million barrels, down from 24.31 million barrels a week earlier, and the lowest levels since the week ending on December 2.
Welcome
