The spread between the 2020 ethanol RIN (E20) and the 2020 biodiesel RIN (B20) has narrowed noticeably since the US 10th Circuit Court of Appeals made its January 24 ruling that the Environmental Protection Agency (EPA) inappropriately granted waivers to three small refiners within its jurisdiction.
Many believe that this will be applied to all small refiners and may reduce the number of exemptions granted to only a handful, similar to what was seen in 2015. If this were to happen, there would be a dramatic increase in the amount of ethanol being blended into the gasoline pool. The increase would be large enough to cause concern over the 10 percent blend wall being breeched. The market feels that refiners can only blend up to a10 percent blend for gasoline.
If the renewable volume…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...