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U.S. Soybean Oil for Biodiesel Production Rising (Ind. Report)
US EIA
Date: 2019-05-10
According to the U.S. Energy Information Administration (EIA), the share of total soybean oil consumed as a biodiesel feedstock doubled from the current 15 pct to 30 pct as the total U.S. soybean oil supply grew from about 22.5 billion pounds to nearly 26.0 billion pounds between marketing year 2010-2011 and 2017-2018.

Soybean oil is the most commonly used vegetable oil for biodiesel production, and inputs reached 7.1 billion pounds during the latest soybean oil marketing year which ran from Oct. 1, 2017, to Sept. 30, 2018. Between marketing year 2010-2011 and marketing year 2017-2018, U.S. domestic biodiesel production grew from 700 million gpy to 1.8 billion gpy. The production increase was largely driven by the Renewable Fuel Standard (RFS) biofuel blending mandate. (Source: US EIA, Xinhua, 8 May, 2019)

More Low-Carbon Energy News US EIA,  Soybean,  Soybean Oil,  BiodieselBiofuel,  

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