EIA: Ethanol Production this Year to Average 910,000 Bpd
OAKHURST, N.J. (DTN) --- The Energy Information Administration on Tuesday, March 11, in its most recent Short-Term Energy Outlook forecast ethanol production will average 910,000 barrels per day (bpd) this year, about 2,000 bpd higher than month-prior projections.
The agency said ethanol production averaged 949,000 bpd in December 2013, up from 825,000 bpd in December 2012.
Biodiesel production averaged about 87,000 bpd in 2013 and is forecast to average about 85,000 bpd in both 2014 and 2015.
Biodiesel production, which averaged 64,000 bpd or 1.0 billion gallons per year, in 2012, ...