Daily Charts
Small Refinery Exemptions Rejected
The EPA has yet to update their “RFS Small Refinery Exemptions” dashboard which shows a total of 98 pending small refinery exemptions (SREs), 67 of which are gap-year requests, 28 are for 2019, and three are for 2020. However, Reuters is reporting the Trump Administration on Monday rejected scores of SRE requests from refiners. If they had been granted, they would have spared refiners from retroactive blending obligations and, more importantly, set them up to continue receiving waivers in the future.
During the Trump’s tenure, waiver petitions had grown from 14 to a peak of 42 in 2018, while petitions granted climbed from seven to 35. The exemptions reduced the amount of renewable fuel that was obligated to be blend with transportation fuel. In 2015, 290 million gallons of renewable…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...