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 December 1, 2020. 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 Imports Poised to Reach All-Time High in 2020- EIA
According to the Energy Information Agency (EIA), the United States imported 28.1 million gallons of biomass-based diesel (D4) during August. Imports of D4 were up one percent from July and 17 percent above the volume imported during August of 2019. D4 imports have reached 297.7 million gallons in 2020 and are running 9.1 percent over the 2019 import pace through August. Renewable…