Ethanol RINs blend gap widens in July: EIA STEO

Ethanol RINs blend gap widens in July: EIA STEO

The Renewable Fuel Standard (RFS) renewable volume obligations (RVOs) issued by the Environmental Protection Agency (EPA) provide percentage standards applied to the initial mandated forecast at that time of release.

The percentage standards translate into volumes based on the estimated consumption forecast. The actual RVOs become known over time, but use the same percentage standards applied to the original mandate, which created the initial volume expectations.

The original RVO forecast called for 21.54 billion gallons of renewable fuel to be blended into the United States transportation fuel pool.

The mandate required the blending of 1.09 billion gallons of cellulosic fuel, 3.04 billion gallons of biomass-based diesel (BBD) and 6.54 billion gallons of advanced biofuel. Additionally, it had an implied conventional renewable fuel mandate — commonly referred to as the ethanol mandate — of 15 billion gallons.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

09.17.2024

US glycerin prices rangebound amid market uncertainty

US glycerin prices rangebound amid market uncertainty

The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...

09.17.2024

US animal fats and oils mostly stable; CWG edges higher on strong demand

US animal fats and oils mostly stable; CWG edges higher on strong demand

The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.

09.17.2024

US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]

US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]

Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...

Latest Tweets