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...
Average ethanol output dropped 19 thousand barrels to a 1.012 million-barrel-per-day average during the week ending Jan 25, 2019. Weekly production pulled back two percent from the prior week and is three percent below the same period last year. Gasoline demand continues to soar, rising 8 percent to 401.7 million gallons per day. Gasoline demand is up 12 percent…