04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
According to the EIA’s Weekly Petroleum Status Report, ethanol production dropped 1.69% to 931,000 barrels per day (b/d) and stocks slipped 0.31% to 21.528 million barrels. The lower production narrowed the ethanol industry’s demand for corn to 13.87 million bushels per day from 14.1 m/b, a 238,000 bushel a day decrease from the prior weeks average.
Ethanol production over the past…