05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Domestically produced renewable jet fuel has been a staple of the D4 biomass-based category since 2016. The Environmental Protection Agency (EPA) shows monthly blending for all categories of renewable fuel.
In 2016, renewable jet fuel first started blending in small increments. Back then, the first six months of production totaled 1.16 million gallons and generated 1.16 million RINs. During that time each gallon of renewable jet produced one RIN.
Beginning in September of 2016, renewable jet production began producing 1.6 RINs per gallon. The move to a higher ethanol equivalency value helped prop up RIN production. Over the next six months 1.18 million gallons of renewable jet fuel was produced, generating 1.9 million RINs.
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