04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Wheat prices have gone ballistic. Finding organic wheat had already been an issue, and the surge in the conventional space with Russia and Ukraine at war will not make grain easier to find. In our weekend forecasting analysis, we will describe a dynamic in the organic corn market that is likely going unlooked.
The black sea is now an area that is likely off-limits. Sure, shipments will be made from the site, but getting cargo insurance will not be easy. If it is, then it will be expensive. It’s not like the supply chain disruption is easing. Shipping and trucking costs remain elevated, and now higher oil prices will spill over into trucking expenses.
Here is a view of the distillate market. Diesel fuel is a subcomponent of the distillate category. Weekly, the Energy Information Administration reports distillate…