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April 24, 2006
Biodiesel price inverts again
This from OPIS:
"At the rack, diesel prices added more than 11 cts on average for the week, topping $2.20/gal in many areas. That bolstered biodiesel blending economics, with B100 rack prices lately averaging some 8cts less than diesel, given the federal blending credit."
In seattle you can buy B100 cheaper than diesel at at least three stations. Last summer the inversion lasted 6 weeks and didn't start till after the hurricanes. This summer's hurricane season hasn't even started. I expect prices to be inverted for three or four months this year. We are cranking up production at Imperium!
Posted by Martin at April 24, 2006 12:41 PM
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