05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Economic Growth Should Continue to Drive Petroleum Prices
Economic growth will likely be the most important factor in driving the price of petroleum product during the balance of 2018. Solid growth in jobs and wage gains in the United States are likely to drive gasoline demand. China has now become the largest importer of crude oil in the world, surpassing the United States in 2017, making the world’s second largest economic a key player in driving oil…