April 19, 2023
BY Erin Krueger
U.S. fuel ethanol production was up nearly 7 percent the week ending April 14, according to data released by the U.S. Energy Information Administration on April 19. Stocks of fuel ethanol were up nearly 1 percent.
Fuel ethanol production averaged 1.024 million barrels per day the week ending April 14, up 65,000 barrels per day when compared to the 959,000 barrels per day of production reported for the previous week. When compared to the same week of last year, production was up 77,000 barrels per day.
Stocks of fuel ethanol reached 25.293 million barrels the week ending April 14, up 165,000 barrels when compared to the 25.128 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending April 14 were up 951,000 barrels.
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CoBank’s latest quarterly research report, released July 10, highlights current uncertainty around the implementation of three biofuel policies, RFS RVOs, small refinery exemptions (SREs) and the 45Z clean fuels production tax credit.
The U.S. Energy Information Administration maintained its forecast for 2025 and 2026 biodiesel, renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released July 8.
XCF Global Inc. on July 10 shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
XCF Global Inc. on July 8 provided a production update on its flagship New Rise Reno facility, underscoring that the plant has successfully produced SAF, renewable diesel, and renewable naphtha during its initial ramp-up.