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...
According to the Energy Information Agency (EIA), the United States imported 43.6 million gallons of biomass-based diesel (D4) during October. Imports of D4 were 18 percent over September and three percent above the volume imported during October of 2019. D4 imports have reached 378.1 million gallons in 2020 and are running 12 percent over the 2019 import pace through the same time frame. Renewable diesel imports…