Oil Producers Take Notice of Renewable Diesel Margins

Category: Renewable Diesel

Oil Producers Take Notice of Renewable Diesel Margins

CVR Energy reported in May that they had started the process of evaluating the transition of at least one of their refineries to produce renewable diesel.  CEO David Lamp said they had the existing assets and excess hydrogen, which put them in prime position to move into renewable diesel production. Having those assets in place put them at an asset advantage compared to others looking to build from a grassroots level, saving them at least five-fold the capital cost.

Fast forward to August.  CEO Lamp announces th...

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Pandemic Slows RFS April Production

Pandemic Slows RFS April Production

 

Biomass-based diesel output taps brakes during April 

The Environmental Protection Agency (EPA) reported a sharp pandemic influenced decline in renewable...

Small Refinery Exemptions

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Court Decision Has Potential to Completely Change Small Refinery Exemption Program According to Environmental Protection Agency (EPA) Chief Andrew...

Soybean Oil Futures, Blender’s Tax Credit and Tallow Covered in The Market Intelligence Report

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For the last year we’ve been working on building on the offerings in our Market Intelligence (MI) Report of...

LCFS Credit Generation Rebounds on Strong Renewable Diesel and Ethanol Production

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California’s Air Resources Board (CARB) released second quarter production data for the Low Carbon Fuel Standard (LCFS).  Second quarter credit...

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

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Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

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Bloodmeal largest price mover week on week; November cattle on feed higher

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US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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