Biofuel Producers Could Go from Boom to Gloom ...Middle East

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Biofuel Producers Could Go from Boom to Gloom
By Zander Capozzola via AEGIS Hedging The US renewable fuels industry is increasingly mired by a lack of regulatory guidance surrounding a new, potentially lucrative tax credit. Renewable diesel and biodiesel producers currently receiving a $1.00/gallon blending credit could see value drop to roughly $0.39/gallon for low carbon-intensity feedstocks and receive no credit value for soybean oil and canola oil, according to AEGIS analysis of current guidelines. The looming election casts further uncertainty on the margin environment for 2025 as parts…

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