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Pearson Fuels applauds re-introduction of flex fuel vehicles

E85 typically offers impactful price savings for FFV drivers. / SOURCE: Pearson Fuels

May 31, 2024

BY Pearson Fuels

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Valero reports difficult Q1 for renewable diesel, profitable quarter for ethanol

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By Erin Voegele

2 hours ago

Business Operations Sustainable Aviation Fuels 

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.

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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.

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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%.

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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.

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