*Please Note – Bob Lane was out of the office today and will return on Monday, September 25, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*
On September 21, the U.S. EPA showed that one new small refinery exemption (SRE) petition had been filed under the Renewable Fuel Standard. The petition was submitted by Placid Refining Company on behalf of its refinery in Port Allen, Louisiana for the 2022 compliance year.
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. These credits are known as renewable identification numbers, or RINs. The EPA can grant exemptions to refiners that can prove that compliance with the program, including buying RINs, has caused them financial hardship.
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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...