The Environmental Protection Agency (EPA) reported 1.47 billion gallons of renewable fuel were consumed in November, a 2.4 percent increase from October and one percent over the volume produced in November of 2019. Renewable Fuel Standard (RFS) credit generation climbed 3.5 percent to 1.61 billion credits and was two percent above November 2019. Increased renewable diesel production and stronger sugarcane ethanol imports helped drive the volumes higher.
Biomass-based diesel (D4) credit generation was up 17 percent on a 16 percent increase in volume. Increased renewable diesel production led the D4 category higher. Biodiesel and renewable jet fuel output was unchanged from October. Advanced biofuel (D5) credit generation increased 26 percent, driven primarily by sugarcane ethanol imports and a sharp rise in naphtha…
11.18.2024
EIA reduces US biomass-based diesel consumption forecast for 2024, 2025
The US Energy Information Administration’s (EIA) monthly Short-Term Energy Outlook (STEO) released on Wednesday November 13, reduced its 2024 and 2025 forecasts for the consumption biomass-based diesel (BBD). The...
11.18.2024
UCO prices rise to start week; December cattle slaughter expected to decline
Used cooking oil (UCO) prices edged higher in the US Gulf Coast on Monday November 18, amid an otherwise quiet start to the week...
11.18.2024
Missouri River, Texas Panhandle ruminant bloodmeal prices higher on active demand
US animal proteins were steady to higher on Monday November 18.
Bloodmeal demand was indicated as active by market sources, although some buyer hesitancy was reported. Ruminant bloodmeal...