The Environmental Protection Agency (EPA) reported 1.44 billion gallons of renewable fuel was consumed during January, 17 percent below December but 12 percent over January 2021. Renewable Fuel Standard (RFS) credit generation of 1.6 billion RINs was 19 percent below December but 12 percent above January 2021. All fuel categories showed declining blending volumes in January, with biomass-based diesel production falling more than 39 percent from December.
January biomass-based diesel (D4) consumption of 221 million gallons was 39 percent below December but 16 percent above January 2021. Within the D4 category, monthly biodiesel use fell 52 percent, renewable diesel consumption declined 21 percent, and renewable jet fuel blending increased 30 percent.
January 2022 biodiesel use was 11 percent below January 2021, but renewable diesel blending increased 58 percent on a year…
09.06.2024
Signs of US economic downturn send ULSD prices to 3-year low
Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...
09.06.2024
US fat market slides on pressure from soybean oil, energy complex
Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...
09.06.2024
Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...