05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
** Notice** The Jacobsen will discontinue reporting various price points beginning January 1, 2021. Regional biodiesel reporting as well as The Jacobsen B100 Index will be removed in favor of additional biodiesel and renewable diesel price points. Renewable Diesel (cents/gal) California LA will be eliminated along with Biodiesel LA CA dlvd ($/MT). International reporting will be adjusted to better reflect both the Renewable Diesel and Biodiesel Market.
Renewable Diesel and Biodiesel Volume/Credits Move Higher, but not Enough to Offset Ethanol Impact
Market pundits had been looking for California’s LCFS credit bank to rise three percent during the second quarter due to reduced gasoline demand. Instead, second quarter deficit generation brought about another quarterly decline, as credits were unable to keep pace. This is the fifth time in the past six quarters the LCFS credit bank has…