EIA releases ethanol stats for first half of 2012
The U.S. Energy Information Administration published its most recent monthly statistics on the ethanol industry on Sept. 26. The report is part of the EIA’s Monthly Energy Review.
The report shows that the U.S. ethanol industry produced 1.12 billion gallons of fuel in June, with total production for the first six months of 2012 reported at 6.89 billion gallons. The relative production levels for June 2011 and the first six months of 2011 were 1.14 billion gallons and 6.86 billion gallons.
The U.S. marketplace consumed 1.11 billion gallons of ethanol in June of this year, and a total of 6.41 billion gallons during the first half of 2012. Approximately 1.14 billion gallons were consumed in June 2011, with 6.35 consumed during the first six months of last year.
The EIA also reported that net imports for June were -613,000 barrels. The net import level for the first half of 2012 was -8.38 million barrels. The net import levels for the same periods of last year were -1.53 million barrels and -10.93 million barrels, respectively.
The EIA’s next Fuel Ethanol Overview is scheduled to be released on Oct. 29.