RFS Reset Option

RFS Reset Option

 

Biomass-Based Diesel has Beyond RFS Expectations

The Renewable Fuel Standard (RFS) was established in 2005 and subsequently expanded in 2007. There continues to be bipartisan support for the program despite severe conflict between the oil and agricultural industries on how best to interpret the program.  Over the past few years, the program has operated under extreme duress.

The RFS mandates that US transportation fuels must contain a minimum amount of biofuel.  The EPA provides the renewable volume obligations (RVO) on an annual basis.  The RVOs are based on statutory requirements for four fuel categories – total renewable fuel, total advanced fuel, biomass-based diesel, and cellulosic biofuel. The total renewable fuel statutory requirement is equal to the sum of total advanced fuel and total conventional fuel.  Conventional fuel is not specified in statute but is…

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04.25.2024

US heating oil, distillate fuel consumption lower than usual in Q1

US heating oil, distillate fuel consumption lower than usual in Q1


In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...

04.25.2024

Chicago animal fat prices fall on increased supply

Chicago animal fat prices fall on increased supply

Four cars of packer grade bleachable fancy tallow traded at 40.5 cents per lb Chicago on Thursday April 25, down 1.5 cents per lb from the previously-traded level.

04.25.2024

Choppy tones widen ranges on porcine meat, bonemeal

Choppy tones widen ranges on porcine meat, bonemeal

The animal proteins market was reportedly steady to choppy on Thursday April 25, creating wider ranges on porcine meat and bonemeal specifically.

Poultry byproduct pet grade and feathermeal were steady...

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