12.31.2024
US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA
The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...
**Please Note** The Jacobsen will not publish The Biodiesel Bulletin next Thursday & Friday, November 27th and 28th, in observance of the Thanksgiving holiday. Trade will close at noon CT on Wednesday with publication shortly after.**
LCFS credit volume rebounded last week, hitting a five-week high of 618,108. Ninety four percent of the weekly transactions were Type 2 transactions, which have an unconfirmed date range but are outside the 10-day transaction window between the time an agreement is made and executed. Weekly volume of 618,108 was noticeably above the prior week and 37 percent over the 2021 weekly average of 449,861. Fourth quarter volume is 64 percent over third quarter volume and 61 percent above Q4 of 2020. There were 65 transactions during the week, up from eight the week before. The weighted average price paid per credit increased $5.96 to…