Archive for May 2024

See other episodes in this series: A Renewable Identification Number (RIN) is a tax and a subsidy that forces renewables into fuels. There is a long-running controversy over how the RIN tax affects the profits of refiners.  One camp, which we call Camp A, says the RIN tax is an extra cost that hurts the…

Get the Attractor spreadsheet Read other posts in this series: All Eyes on Renewable Diesel Margins: Summarizing this 5-week blog series and its companion series, Upside Down on RBN Energy (watch for part 3 of that soon): In April, 2021: In April, 2023: The subsidies went down by $2.30 (!!) Why did the subsidy go…

Get the Attractor spreadsheet The headline story in this quarter’s renewable diesel producer’s earnings reports was again renewable diesel (RD) margin. The effects of feedstock prices, lags in supply chains, and delayed plant startup schedules were again discussed in depth. Read other posts in this series: All Eyes on Renewable Diesel Margins: The humongous $1.70…

Get the Attractor spreadsheet Read other posts in this series: All Eyes on Renewable Diesel Margins: The starting point for our analysis of renewable diesel (RD) margins is the cost to produce RD in a plant feeding soybean oil. In Part 2 of this series, we showed that cost was $5.30 per gallon in April,…