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...
Per the EIA’s Weekly Petroleum Status Report, average weekly ethanol production continued to hold below a million barrels per day for a fourth consecutive week. During the week ending April 28th, production averaged 986 thousand barrels per day, down 1,000 barrels from the week prior. Gasoline…