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...
According to the EIA’s Weekly Petroleum Status Report, ethanol production declined 7,000 barrels to a 944,000 b/d average for the latest week, 11,000 b/d less than the years daily average. Stocks narrowed 3.2% as gasoline demand increased by 2%. No ethanol imports were seen for the third consecutive week. The…