In 2022, distillate fuel oil demand on the U.S. West Coast fell to its lowest level since 2002 and is expected to be even lower this year due to the increased use of biofuels, chiefly renewable diesel, the U.S. EIA said in its latest This Week in Petroleum report. Biofuels have gained a larger market share of the region’s diesel pool as clean-fuel programs incentivize their use.
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11.21.2024
Domestic US biodiesel blending helps lift October RFS RIN production
US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...
11.21.2024
CWG trades lower as broader animal fats markets hold steady
The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...
11.21.2024
October commercial cattle, hog production above 2023
US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...