Use of Ethanol Steadily Growing

The U.S. Energy Information Administration (“EIA”) has released its January new short-term energy outlook for 2018 and 2019.

The United States used 940,000 barrels per day of Ethanol in 2017. However, consumption is expected to increase to 960,000 barrels per day in 2018, and 970,000 barrels per day in 2019.

The EIA said that results in the ethanol share of the total gasoline consumed in 2017, is an average of 10.3 %. Use of higher ethanol blends such as E15 and E85 are projected to continue to grow.

Bio-diesel use also continues to grow from 105,000 barrels per day to 128,000 barrels per day forecasted for 2019.

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