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...
The 2019 biodiesel RIN moved higher to start the week, trading last at 56 cents and going out 55.5 bid versus a 56.5 offer. The 2018 biodiesel RIN market was quiet and settled 52.5 bid versus a 53-cent offer. California’s LCFS credit held at Friday’s close, $195 bid against a $197 offer. At this LCFS price level, a gallon of biodiesel made from tallow with a CI of 35 would generate a per gallon credit of…