Previous Years Quarterly

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

Quarterly

CFP 1Q2020: Excess of nearly 45,000 MT added to the credit bank for first quarter even as CI benchmark tightens

September 30, 2020

Credit PricesNone

Trading VolumesNone

Number of TradesNone

News

  • Excess of nearly 45,000 MT added to the credit bank for 1Q2020.
  • Alternate and renewable fuels reach 10% of transport energy fuel energy.
  • CFP credit prices follow market fundamentals.

Quarterly

LCFS 1Q2020: CARB Amps up Electricity Reporting + The Effects of the Marathon Martinez Shut Down

August 11, 2020

Credit PricesNone

Trading VolumesNone

Number of TradesNone

News

  • Credit Bank: Net deficit of 458,562 MT for 1Q2020, comparable to 1Q2019 net deficit.
  • Volume Trends: Transportation fuels volumes were down 12% vs. 4Q2019 and 5% vs. 1Q2019. Is this due to COVID-19?
  • Data Analysis: CARB Amps Up Electricity Reporting
  • News Analysis: Effects of the Marathon Martinez Shut Down

Quarterly

LCFS 4Q2019: An LCFS Scenario for 2020

May 14, 2020

Credit PricesNone

Trading VolumesNone

Number of TradesNone

News

  • Net credit of 160,296 MT for 4Q2019.
  • All low-CI fuels show substantial growth in 2019.
  • Stillwater’s 2020 LCFS Credit Balance Scenario: COVID’s effects on demand.

Quarterly

CFP 4Q2019: Data Analysis

May 14, 2020

Credit PricesNone

Trading VolumesNone

Number of TradesNone

News

  • Excess of nearly 74,000 MT added to the credit bank for 4
  • Renewable diesel volume down by 50% from record 3Q2019 levels.
  • Ethanol, biodiesel, and renewable diesel carbon intensities at record lows.