Biobased Diesel Production Declines Sharply in Q1 as Producers Navigate Uncertainty
U.S. production of renewable diesel and biodiesel fell sharply in the first quarter of 2025 due to uncertainty related to federal biofuel tax credits and renewable volume obligations, leading to negative profit margins. The U.S. Energy Information Administration forecasts production of both fuels to increase as the year progresses but biodiesel production to remain less
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