June Ethanol Production Sets All-Time Record

Washington, DC--Ethanol demand moved higher in June, to a new all-time record of 443,000 barrels per day (b/d).

For the first six months of the year, ethanol demand is averaging 420,000 b/d.

Ethanol production also edged higher in June, though continuing to trail the ethanol demand.

U.S. ethanol producers added 418,000 b/d of ethanol supply to the tight U.S. gasoline market, according to the Energy Information Administration (EIA).

For the first six months of the year, ethanol production has averaged 393,000 b/d, producing just under three billion gallons of ethanol.

Grainnet, Sept. 6, 2007