Renewable Fuel RIN Production Reaches New All-Time Monthly High

Renewable Fuel RIN Production Reaches New All-Time Monthly High

The Environmental Protection Agency (EPA) reported 1.85 billion gallons of renewable fuel consumed during December, a new monthly high for blending. This was 6.5 percent over November and approximately eight percent over a year ago. Renewable Fuel Standard (RFS) credit generation increased 8.6 percent to 2.18 billion RINs, also a new monthly all-time high and 12 percent above December 2022. December domestic renewable fuel production accounted for 91 percent of RIN generation and 93 percent of the fuel consumed.

In the D6 conventional renewable fuel category, ethanol blending increased 2.2 percent to 1.25 billion gallons. This was up from November but still below October’s yearly high of 1.29 billion gallons. December blending was five percent higher year on year. Within the D6 code renewable diesel blending was noticeably absent for a third consecutive month.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

05.02.2024

UCO, heating oil spread widens

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...

05.02.2024

US animal protein prices flat to lower amid light trading

US animal protein prices flat to lower amid light trading

US animal protein prices were steady to lower on Thursday May 2 amid reportedly limited trading, with multiple market participants traveling to the Petfood Forum in Kansas City, Missouri,...

05.02.2024

International animal fats and oils, May 2 2024

International animal fats and oils, May 2 2024

Trade was slow in Europe in the week to Thursday May 2, with animal fats prices showing no change, while the vegetable oil and used cooking oil (UCO) sectors...

Latest Tweets