February Biofuel Use Slows with a 12% Drop in Ethanol Blending

February Biofuel Use Slows with a 12% Drop in Ethanol Blending

 

February Renewable Fuel Blending Falls 4% From January, but 21% Above Year Ago  

The Environmental Protection Agency (EPA) reported 1.38 billion gallons of renewable fuel consumed in February, four percent below January but 21 percent over February 2021. Renewable Fuel Standard (RFS) credit generation of 1.5 billion RINs was three percent below January but 22 percent over February 2021.  Slowing Ethanol blending led the program lower for the month.

Biomass-based diesel (D4) consumption of 246.6 million gallons in February was 11 percent above January and 27 percent over February 2021.  Within the D4 category, monthly biodiesel use increased 13 percent, renewable diesel consumption climbed eight percent, and renewable jet fuel blending was noticeably higher. 

February advanced biofuel (D5) fuel use increased 101 percent and RIN production was 71 percent above January. The reemergence of sugarcane ethanol imports provided…

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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