Renewable Fuel Credit Prices May Rise Following Friday’s SRE Decision
The EPA announced the action of denying 26 petitions from small refineries seeking small refinery exemptions (SREs) from the Renewable Fuel Standard (RFS) Program. The action removes all but two outstanding SRE petitions for compliance years spanning 2016 through 2023.
The RFS requires oil refiners to either blend billions of gallons of biofuel into the nation’s fuel mix, or to purchase tradable credits from other blenders or producers. The EPA has been known to award exemptions to some small refiners that have been able to prove that compliance with the program, i.e. buying credits, causes undue harm.
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12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...