11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
When a Mandate Might be More than the Mandated Amount
On June 21, 2023, EPA announced the final rule establishing biofuel volume requirements and associated percentage standards for cellulosic biofuel (D3), biomass-based diesel (BBD /D4), advanced biofuel (D5), and total renewable fuel for the years 2023 through 2025. The rule also includes the balance of a 2016 court ordered remand of 250 million gallons.
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