OAKHURST, N.J. (DTN) -- The Energy Information Administration expects ethanol production this year to average 944,000 barrels per day (bpd), according to the latest Short-term Energy Outlook published Tuesday, April 7. That's 3,000 bpd lower than last month's estimate and 9,000 bpd higher than the output rate in 2014.
After ethanol production in December 2014 topped 1.0 million bpd for the first time, it is estimated to have fallen to an average of 944,000 bpd in March.
The agency forecasts ethanol production in 2016 at 937,000 bpd versus 942,000 bpd in the March STEO.
EIA forecast biodiesel production to average ...