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...
Production in the United States continues to decline, as rigs come off line. The Baker Hughes rig count has been declining for most of 2016, showing the rigs continue to come off line, as high risk producers curtail their production business. High debt and leverage have placed many producers of oil at risk, but the recent surge in prices could give many of these exploration companies a reprieve. It…