Record Monthly Renewable Fuel Consumption in May

Record Monthly Renewable Fuel Consumption in May

Domestic Renewable Diesel Blending Climbs More than 30% in May

The United States reached a monthly all-time high in renewable fuel blending during May according to data released this afternoon by the Environmental Protection Agency. There were 1.8 billion gallons of renewable fuel blended into the national transportation motor pool, outpacing the previous high of 1.73 billion gallons set in December 2021. Renewable fuel consumption was 13 percent over April and 11 percent above May of 2022. Renewable Fuel Standard (RFS) credit generation of 2.1 billion RINs was 15 percent above April and 15 percent more than in May 2022.

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11.12.2024

Glycerin prices seen supported by declining biodiesel margins

Glycerin prices seen supported by declining biodiesel margins

Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....

11.12.2024

Animal fats and oils prices stable amid losses in vegoil markets

Animal fats and oils prices stable amid losses in vegoil markets

"I think the big drop in soybean oil had everyone take a pause,” one source said.

December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...

11.12.2024

Meat and bonemeal, bloodmeal higher on active demand

Meat and bonemeal, bloodmeal higher on active demand

Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.

Porcine meat and bonemeal prices were steady to higher according to sources...

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