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 hit its highest level since Feb 13th. Production jumped by some 46,000 barrels to 958 barrels per day. Inventories showed a slight gain, as did gasoline. Ethanol imports held at zero for the fourth consecutive week. The increase in production volume led to a higher…