Wed Sep 9, 2015 01:04 PM CDT

OAKHURST, N.J. (DTN) -- The Energy Information Administration said ethanol production, which averaged 934,000 barrels per day (bpd) in 2014, is forecast to average more than 950,000 bpd in both 2015 and 2016.

Ethanol consumption, which averaged 877,000 bpd in 2014, is forecast to average slightly more than 900,000 bpd in both 2015 and 2016, resulting in an average 9.9% ethanol share of the total gasoline pool. EIA does not expect significant increases in E15 or E85 consumption over the forecast period.

"On May 29, the U.S. Environmental Protection Agency proposed a rule setting Renewable Fuel Standard targets for 2014 ...

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