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EIA: biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast

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Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year, according to the latest “This Week in Petroleum” report from the US Energy Information Administration (EIA).

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Kinder Morgan and Neste partner on major renewable fuels logistics project in US

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Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the primary hub where Neste will store a variety of raw materials including, for example, the used cooking oil it collects from more than 40,000 restaurants across the United States. —Jeremy Baines, President of Neste US.

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ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

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The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production.

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S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

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Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group.

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NEXT Renewable Fuels and Shell Trading (US) enter renewable diesel purchase and sale agreement

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NEXT Renewable Fuels , Inc. NEXT) and Shell Trading (US) Company (Shell) have entered a long-term purchase and sale agreement for the purchase of renewable diesel from NEXT’s planned Port Westward, Oregon facility. take agreements for customers in the western United States and Canada.

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U-Haul buys another million gallons of renewable propane to sell at California stores

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U-Haul—the largest US retailer of propane—has purchased one million gallons of renewable propane to sell at its company-owned and -operated stores across California for the second year in row. to continue supplying the fuel at more than 60 propane-dispensing stores in the state. Earlier post.) gCO 2 /MJ to 43.50

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