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May 2008: Ethanol Production and Demand

WASHINGTON, DC – According to the Energy Information Administration (EIA), American ethanol facilities were producing 598,000 barrels per day (b/d) in May. That is up from 562,000 b/d in April. On an annualized basis, that represents more than 9 billion gallons of ethanol production.

Ethanol demand, as calculated by the Renewable Fuels Association, continued to outpace production. In May, the RFA estimated ethanol demand at 616,000 b/d, up by 19,000 b/d over April.

The RFA released the following statistics:

May 2008 Statistics
(mg = million gallons; b/d = barrels per day)
Fuel Ethanol Production 778.8 mg 598,000 b/d
Fuel Ethanol Use 801.8 mg 616,000 b/d
Fuel Ethanol Stocks 505.8 mg 19.6 days of reserve
Fuel Ethanol Exports 0.0 mg* n/a
Fuel Ethanol Imports 44.2 mg**  

*Jim Jordan and Associates
** Source: U.S. International Trade Commission

Contact:
Matt Hartwig
Renewable Fuels Association
202-289-3835

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Copyright © 2008 Renewable Fuels Association. All rights reserved.

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