A ramp-up in renewable diesel capacity in the United States over the medium term will not be enough to compensate for the decline in petroleum diesel refining capacity, Reuters has reported, citing federal data. The United States lost almost 1 million bpd in refining capacity over the last two years as the pandemic forced several refineries shut and hurricanes damaged refining facilities. Besides, several refineries have been or are about to be converted into renewable fuel plants, which has also reduced the availability of diesel refining capacity…
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