# EIA’s latest energy outlook forecasts US renewable diesel supply to…

> The EIA's Annual Energy Outlook 2022 projects US renewable diesel supply rising to 130,000 barrels per day this year and overtaking biodiesel, driven by new capacity, RFS and state incentives, and a US$1.00 per gallon blender credit. The EIA assumes policy rather than market demand is driving biomass-based diesel adoption.

- Date: 2022-04-15 · published 2022-04-15T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/15403-eia-s-latest-energy-outlook-forecasts-us-renewable-diesel-supply-to
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Projected renewable diesel growth increases competition for fats and oils feedstocks, supporting vegetable oil prices and reinforcing policy-driven demand for soybean oil.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-03-24 | [EIA projects U.S. renewable diesel supply to surpass biodiesel in AEO2022 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/15408-eia-projects-u-s-renewable-diesel-supply-to-surpass-biodiesel-in-aeo2022-u-s.md) | -3.0% | +263.0% |
| SBO | 2025-07-14 | [USDA forecasts lower corn supplies, higher biofuel demand in latest outlook \| Feed & Grain](https://feedsoft.ai/events/23712-usda-forecasts-lower-corn-supplies-higher-biofuel-demand-in-latest-outlook-feed.md) | -0.6% | -1.9% |
| SBO | 2023-01-06 | [Renewable diesel supply expected to rise in 2023 - McKeany-Flavell](https://feedsoft.ai/events/15342-renewable-diesel-supply-expected-to-rise-in-2023-mckeany-flavell.md) | +1.5% | -4.4% |
| SBO | 2023-02-02 | [Domestic renewable diesel capacity could more than double through 2025 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/15334-domestic-renewable-diesel-capacity-could-more-than-double-through-2025-u-s.md) | -2.7% | -1.9% |
| SBO | 2024-04-09 | [FAPRI Report Outlines Expected Growth in Renewable Diesel, SAF Production - World-Energy](https://feedsoft.ai/events/15223-fapri-report-outlines-expected-growth-in-renewable-diesel-saf-production-world.md) | -5.0% | -7.5% |
| PALMOIL | 2021-07-29 | [U.S. renewable diesel capacity could increase due to announced and developing projects -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/45930-u-s-renewable-diesel-capacity-could-increase-due-to-announced-and-developing.md) | +2.6% | +5.8% |
| PALMOIL | 2023-03-09 | [EIA: Renewable Diesel Growth at Expense of Biodiesel \| O&E Online](https://feedsoft.ai/events/15326-eia-renewable-diesel-growth-at-expense-of-biodiesel-o-and-e-online.md) | -2.4% | -6.3% |
| PALMOIL | 2019-04-22 | [Renewable Diesel is a Game Changer for Sustainable Aviation and Low Carbon Fuel Markets in the U.S., Canada, Europe and Southeast Asia  : The Daily Digest](https://feedsoft.ai/events/59475-renewable-diesel-is-a-game-changer-for-sustainable-aviation-and-low-carbon-fuel.md) | -0.4% | -6.7% |

## Sources

- ofimagazine.com: https://www.ofimagazine.com/news/eias-latest-energy-outlook-forecasts-us-renewable-diesel-supply-to-overtake-biodiesel

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