SOURCE: U.S. EPA
November 21, 2024
BY Erin Voegele
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Valero Energy Corp. released Q1 financial results on April 24, reporting that a tough margin environment negatively impacted the company’s renewable diesel operations during the three-month period. Valero’s ethanol segment was profitable.
The South Dakota Public Utilities Commission on April 22 denied Summit Carbon Solution’s pipeline application by a vote of 2 to 1. Summit has expressed disappointment with the decision and announced plans to refile its application.
U.S. fuel ethanol production was up 2% the week ending April 18, according to date released by the U.S. Energy Information Administration on April 23. Weekly ending stocks of fuel ethanol were down 5% and exports were down 45%.
A bill currently pending in the California legislature would authorize the use of E15 within the state until state agencies complete the required evaluation process for the fuel blend and issue a decision.
The Renewable Fuels Association on April 23 thanked 25 members of the House of Representatives who sent a bipartisan letter to President Trump urging his administration to allow unimpeded sales of lower-cost E15 through the summer months.