Small refinery exemptions (SREs) could become a thing of the past if the January 24 ruling by the US Court of Appeals 10th Circuit is applied across the country. In the ruling the Court stated EPA cannot ‘extend’ exemptions to any small refineries whose earlier, temporary exemptions had lapsed. In other words, a refiner can’t apply one year, take a year off, then apply again – or if a refiner was denied an application in any year, they cannot apply again after that.
If that ruling were applied to all small refiners, at most, only the seven that received exemptions in 2015 might still be eligible today. So, why has EPA received 52 new prior year exemptions? The obvious answer is that refiners who have been cut out in the past are hoping to be cut back in to the SRE loop. That seems like a long shot, but who knows, past EPA decisions have come as a…
11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...