Tue Feb 10, 2015 12:55 PM CST

OAKHURST, N.J. (DTN) -- The Energy Information Administration expects ethanol production this year to average 938,000 barrels per day (bpd), according to the latest Short-term Energy Outlook published Tuesday afternoon, 2,000 bpd above last month's estimate and 5,000 bpd higher than output averaged in 2014.

After reaching a record monthly production average of 978,000 bpd in December 2014, ethanol production in January is estimated to be 969,000 bpd. The agency forecast 2016 production at 936,000 bpd, slightly below January's STEO.

EIA said biodiesel production averaged an estimated 80,000 bpd in 2014, down from 89,000 bpd in 2013. Biodiesel production is ...

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