04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
**Please Note – Bob Lane was out of the office today and will return on January 10.**
Industry Groups Testify on Proposed 2020, 2021, 2022 RFS
On January 4, members of various indsutry groups, including staff of the National Biodiesel Board and the Reneweable Fuels Association, testified on the Environmental Protection Agency’s proposed Renewable Fuel Standard rule for 2020, 2021, and 2022 volumes. The industry representatives welcomed proposed growth for 2022, urged EPA to maintain the integrity of the program, and asked the agency to avoid further or future delays in setting annual volumes.
“During these past two years, the biodiesel industry worked hard to meet Americans’ growing demand for better, cleaner fuels,” NBB CEO Donnell Rehagen said during his testimony at the virtual public hearing. “In 2020, the U.S. biomass-based diesel and renewable diesel market grew to 3 billion gallons – its highest volume ever – and…