LCFS Data Shows 125,000 MT Draw on Credit Bank in Q2

LCFS Data Shows 125,000 MT Draw on Credit Bank in Q2

 

** Notice** The Jacobsen will discontinue reporting various price points beginning January 1, 2021. Regional biodiesel reporting as well as The Jacobsen B100 Index will be removed in favor of additional biodiesel and renewable diesel price points. Renewable Diesel (cents/gal) California LA will be eliminated along with Biodiesel LA CA dlvd ($/MT). International reporting will be adjusted to better reflect both the Renewable Diesel and Biodiesel Market.

 

Renewable Diesel and Biodiesel Volume/Credits Move Higher, but not Enough to Offset Ethanol Impact

Market pundits had been looking for California’s LCFS credit bank to rise three percent during the second quarter due to reduced gasoline demand.  Instead, second quarter deficit generation brought about another quarterly decline, as credits were unable to keep pace.  This is the fifth time in the past six quarters the LCFS credit bank has…

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