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...
Heating oil prices moved higher on Wednesday following a report from the Department of Energy that showed a sizable draw that was larger than expected in distillate stocks. Late April is an inflection period where crude oil stocks generally start to draw and products start to build, but the opposite is still occurring.
Production in the U.S. actually declined according to the…