Ethanol production moved higher last week as more plants came back on-line following February’s bitterly cold, snowy conditions.
The U.S. Energy Information Administration says production averaged 938,000 barrels a day, up 89,000 on the week, but down 106,000 on the year because of continued slow blending demand caused by reduced travel linked to COVID-19.
The Renewable Fuels Association says net inputs by refiners and blenders and the volume of gasoline supplied to consumers were both higher than the previous week, but lower than this time last year.
