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...
Falling soybean oil prices and an uptick in heating oil values combined to take some additional pressure off the bean oil/heating oil spread. The BOHO dropped nearly five cents to 93.5 cents per gallon, painting a somewhat more rosy outlook on production and blending economics. Soybean oil prices dropped 42 points to 33.01 cents per pound while HO climbed nearly 2 cents to $1.49 per gallon.
Biodiesel RINs tried to continue…