Ethanol Blog
Myke Feinman Refine Fuels Reporter
Fri Dec 19, 2014 12:04 PM CST

2014 D4 biomass-based diesel Renewable Identification Numbers, the credits used to comply with the Renewable Fuel Standard, spiked more than 8.0cts this week as the market speculates the Renewable Volume Obligation would be higher based on the latest production data, driving the need for more credits.

"People are thinking their requirement will probably go up," said Pete Moss, president and biodiesel analyst for Frazier Barnes and Associates, Memphis, Tennessee, adding the market is speculating the RVO would equal actual production for 2014.

The proposed RVO, never finalized this year, was for 1.28 billion gallons. As of Nov. 30, the biomass-based ...

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