Sankusky, OH | w1891 - 2/27/2024 23:01
https://youtu.be/HyS5dr51A80?si=iFbOmMznKxXCgGfZ
Much much more complicated market/outlook than ethanol was 15 years ago. Will take mandates/government requirements as renewable diesel is uneconomical on its own.
Please explain. renewable diesel is a blending component that you need to bring down the sulphur in the diesel from 500 to 15ppm. It's an environmental component of diesel. We never have said bio-d/ RD would replace the diesel supply. It a complement.
What Scott Irwin doesn't understand and fear to ASK.
The small "loss" to produce bio-d/ RD is absorbed by the positive crack margin at the refinery.
The blending loss is -12 cpg, but Shell/BP make over 1000cpg by cracking the oil into diesel.
Edited by DBC farmer 2/28/2024 01:40
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A very deep overview of renewable diesel market.
