** 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.

Refiners Examine Renewable Diesel Production

A key driver accelerating the move of oil refining interest in renewable fuels, especially renewable diesel, has been the impact of the Coronavirus.  A sharp decline in product demand since the onset of the COVID pandemic has reduced crack spreads, refinery margins, and utilization rates.  This highlighted the need for change in underperforming assets that might be inefficient by today’s standards, in need of…