04.25.2024
US heating oil, distillate fuel consumption lower than usual in Q1
In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...
**Please Note – Bob Lane was out of the office today and will return on March 14.**
Industry Group Calls for RFS Finalization to Foster Energy Independence
Industry group Clean Fuels Alliance America sent a letter to U.S. President Joe Biden on March 10, urging his administration to finalize proposed Renewable Fuel Standard (RFS) volumes for 2021 and 2022 to help promote U.S. energy independence. Amid heightened geopolitical tensions, most notably Russia’s recent invasion of Ukraine, prices for most commodities, but espeically crude oil and gasoline, have soared as a result of economic sanctions and supply disruptions. Russia is a major supplier of the world’s crude oil.
“Reducing [the] availability of biodiesel and renewable diesel right now would impose higher costs on American consumers – both in the price of fuel and other goods today and in terms of health tomorrow. We urge your administration to have confidence in the…