05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
At first glance, the 2019 RVO looks like a positive step forward for the biofuels industry, especially after the mis-steps of the EPA over 2017. However, under slightly closer scrutiny the numbers don’t add up.
Year over year, the overall biofuel RVO increases by 3% for 2019, roughly 590 million gallons. This is a favorable increase and…