11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
Washington State has attempted to pass a statewide LCFS in 2019 and 2020. They are trying again in 2021. The Clean Fuels Program would follow California’s Low Carbon Fuel Standard if passed. In each of the prior year’s, the measure failed to make it past the Senate Transportation committee. The program, if passed,…