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3 Big Things Today, February 25, 2021


2. Ethanol Production Drops to Lowest in More Than Nine Months
Ethanol output last week plunged to the lowest level in more than nine months and inventories hit a two-month low, according to the Energy Information Administration.
Production of the biofuel dropped to an average of 658,000 barrels a day in the week that ended on Feb. 19, the EIA said in a report.
That’s down from 911,000 barrels a day, on average, the previous week and the smallest output since the seven days that ended on May 8, the agency said.
The declines were geographically broad-based as every region saw declines.
In the Midwest, by far the biggest producing region, production dropped to an average of 631,000 barrels a day last week. ....

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3 Big Things Today, February 19, 2021


2. Ethanol Production Drops to Lowest in Almost Five Months
Ethanol output plunged to the lowest level in almost five months in the week that ended on Feb. 12 while stockpiles grew, according to the Energy Information Administration.
Production of the biofuel dropped to an average of 911,000 barrels a day, the EIA said in a report.
That’s down from 937,000 barrels, on average, the previous week and the lowest level since the week that ended on Sept. 25.
In the Midwest, by far the biggest producing region, output dropped to an average of 868,000 barrels a day.
That’s down from 895,000 the previous week and also the lowest output since late September, the government said. ....

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