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...
On Wednesday the Energy Information Administration released its estimate of petroleum inventories and to the surprise of most in the market, they reported a large draw of crude oil. The draw cannot be completely unexpected as we are getting close to the time of year when crude stocks begin to decline as refineries end planned maintenance and begin to produce gasoline ahead of the summer driving season.
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