Previous Years Quarterly

Quarterly

CFP 1Q2021: Record net deficit of 117,000 MT for 1Q2021, excluding forthcoming residential EV credits.

August 31, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Record net deficit of 117,000 MT for 1Q2021, excluding forthcoming residential EV credits.
  • Credit generation is at lowest level since 1Q2019, and deficits are at a record high.
  • Diesel pool shows a first-time net deficit of 7,000 MT.

Quarterly

LCFS 1Q2020: 1Q2021 vs. 1Q2020 + Trends in RD Feedstocks

August 10, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: Net deficit of more than 259,000 MT for 1Q2021
  • Volume Trends: First quarter total transportation fuel volumes down 7% vs. 1Q2020.
  • Analysis: 1Q2021 vs. 1Q2020 + Trends in RD Feedstocks

Quarterly

CFP 4Q2020: Net credit of 24,000 MT for 4Q2020 increases 2020 net credit to 101,000 MT

June 01, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Net credit of 24,000 MT for 4Q2020 increases 2020 net credit to 101,000 MT.
  • Gasoline demand drops 20% from record levels experienced in the third quarter.
  • Nearly 25,000 MT of credits per quarter were added from residential fueling of EVs.

Quarterly

LCFS 4Q2020: 2020 vs 2019 – Pandemic Effects on the LCFS Program

May 11, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: Net credit of nearly 374,000 MT for 4Q2020
  • Volume Trends: Transportation fuel volumes were down 1.1% from 3Q2020 and down 13.6% from 4Q2019.
  • Analysis: 2020 vs 2019 – Pandemic Effects on the LCFS Program

Quarterly

CFP 3Q2020: Net deficit of 60,000 MT as RD use and credits decline by more than 93%

February 11, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Net deficit of 60,000 MT for 3Q2020, reducing 2020 net credits to 4,000 MT through 3Q.
  • Gasoline demand recovers to pre-pandemic levels making gas pool 84,000 MT net deficit.
  • Renewable diesel use and credits decline by more than 93%.

Quarterly

LCFS 3Q2020: Ethanol CI declines; Credits from RNG, Low-CI Electricity, and AJF grow + Credit Bank Distribution Analysis

February 09, 2021

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: Surprising net credit of nearly 116,000 MT for 3Q2020
  • Volume Trends: Transportation fuel volumes were up 13% from 2Q2020 but were still down 11.3% from 3Q2019.
  • Analysis 1: Credit Bank Distribution Analysis
  • Analysis 2: Ethanol CI declines; Credits from RNG, Low-CI Electricity, and AJF grow

Quarterly

CFP 2Q2020: Net Credit of 21,000 MT, Credit Prices Recover from Pandemic Dip

November 24, 2020

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Net credit of 21,000 MT for 2Q2020, less than half the credit excess for 1Q2020.
  • Net deficit in gasoline pool is more than offset by net credit in diesel pool.
  • CFP credit prices recover from initial pandemic dip, stable in the $125 to $130/MT range.

Quarterly

LCFS 2Q2020: COVID-19 impacts gasoline-related fuels, small impact to diesel pool + Dairy digester and animal waste gas surge ahead

November 10, 2020

Credit PricesNone

Trading volumesNone

Number of tradesNone

News

  • Credit Bank: Net deficit of 124,067 MT for 2Q2020, significantly smaller than 1Q2020 net deficit.
  • Volume Trends: Transportation fuels volumes were down 19.1% vs. 1Q2020 and 28.4% vs. 2Q2019 due to COVID-19.
  • Analysis 1: COVID-19 impacts gasoline-related fuels, small impact to diesel pool
  • Analysis 2: Dairy digester and animal waste gas surge ahead