04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
According to the EIA’s Weekly Petroleum Status Report, ethanol production dropped 1.3% to 924,000 barrels per day (b/d). Stocks moved higher despite gasoline demand increasing 0.8% from last week. Ethanol stocks grew by 162,000 barrels 20.645 million barrels, more than offsetting last week’s decrease. Less production volume trimmed the ethanol…