Production of fuel ethanol in the United States stayed up above 1 million barrels again last week, according to data released today by the U.S. Energy Information Administration (EIA).
Production averaged 1,026,000 barrels per day for the week ending March 11 compared to 1,028,000 barrels per day the previous week.
This represents a negligible decrease.
Weekly ending stocks also continued to climb, going to 25.945 million barrels from 25.271 million barrels week-to-week.
This represents an increase of more than 2%.
For the full report for March 16, click here.
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