# The Squeeze on California Gasoline Marketers and the RIN Cliff - DTN

> Electric vehicle sales in California keep growing, with ZEVs making up a large share of new vehicle sales. Meanwhile, renewable diesel is rapidly replacing petroleum diesel on the West Coast, and most US renewable diesel is consumed in California.

- Date: 2023-09-11 · published 2023-09-11T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/15276-the-squeeze-on-california-gasoline-marketers-and-the-rin-cliff-dtn
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Shifting fuel demand toward renewable diesel raises demand for soybean oil and other fats while cutting petroleum diesel use, which weighs on diesel prices.

## Read by commodity

- SBO: bullish ▲
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-08-01 | [NSB-funded research key to expanding California biodiesel market](https://feedsoft.ai/events/69333-nsb-funded-research-key-to-expanding-california-biodiesel-market.md) | -3.5% | -0.3% |
| SBO | 2017-11-13 | [Markets in the morning: Oilseeds: US fix tariffs on](https://feedsoft.ai/events/68078-markets-in-the-morning-oilseeds-us-fix-tariffs-on.md) | -1.1% | -4.1% |
| SBO | 2025-07-02 | [Canada Know-Risk Market Outlook \| Canola Higher on Weather and Soybean Oil](https://feedsoft.ai/events/23872-canada-know-risk-market-outlook-canola-higher-on-weather-and-soybean-oil.md) | +1.1% | +2.9% |
| SBO | 2026-06-01 | [The low-carbon feedstock squeeze: why UCO, tallow and animal fats are becoming the most fought-over commodities in US biofuels  - Fastmarkets](https://feedsoft.ai/events/18931-the-low-carbon-feedstock-squeeze-why-uco-tallow-and-animal-fats-are-becoming.md) | -2.0% | -6.1% |
| SBO | 2021-01-20 | [ISA Calls on Biden Admin to Uphold RFS, Open Markets](https://feedsoft.ai/events/49016-isa-calls-on-biden-admin-to-uphold-rfs-open-markets.md) | +3.0% | +11.5% |
| DIESEL | 2024-08-29 | [Shifting incentives bring uncertainty, limit liquidity in spot California R99
markets \| Argus Media](https://feedsoft.ai/events/29003-shifting-incentives-bring-uncertainty-limit-liquidity-in-spot-california-r99.md) | -2.8% | -4.1% |
| DIESEL | 2021-11-24 | [Explainer: What is happening with U.S. gasoline prices? \| Reuters](https://feedsoft.ai/events/7078-explainer-what-is-happening-with-u-s-gasoline-prices-reuters.md) | -13.2% | -3.3% |
| DIESEL | 2026-03-23 | [U.S. to bring more diesel to market to address fuel prices: Wright](https://feedsoft.ai/events/20339-u-s-to-bring-more-diesel-to-market-to-address-fuel-prices-wright.md) | -2.4% | -23.4% |

## Sources

- dtn.com: https://www.dtn.com/the-squeeze-on-california-gasoline-marketers-and-the-rin-cliff/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.