NEWS
Tue Aug 11, 2015 03:24 PM CDT

OAKHURST, N.J. (DTN) -- Ethanol production, which averaged 935,000 barrels per day (bpd) in 2014, is forecast to remain near current levels in 2015 and 2016, with four-week average output through July 31 at 971,000 bpd, the Energy Information Administration said on Tuesday.

For demand, EIA expects ethanol consumption, which averaged 878,000 bpd in 2014, to average about 900,000 bpd in both 2015 and 2016, estimating ethanol would account for a 9.9% share of the total gasoline pool during these years. EIA does not expect significant increases in E15 or E85 consumption over the forecast period.

EIA said these expectations ...

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