Bloomberg News

Ethanol Output in U.S. Fell to 865,000 Barrels a Day, DOE Says

April 25, 2012

Ethanol production in the U.S. sank the most in eight weeks to 865,000 barrels a day last week, according to the Energy Department.

Output sank 2.1 percent, the most since Feb. 24, to the lowest level since Oct. 7, the department said in a report released in Washington today. Stockpiles decreased 0.5 percent to 21.9 million barrels, the report showed.

Production of conventional gasoline blended with ethanol tumbled 5.4 percent to 5.11 million barrels a day, the department said, the lowest amount since March 2.

Denatured ethanol for May delivery climbed 1.9 cents, or 0.9 percent, to $2.185 a gallon at 10:35 a.m. New York time on the Chicago Board of Trade.

To contact the reporter on this story: Mario Parker in Chicago at mparker22@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net.


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