# EIA projects U.S. renewable diesel supply to surpass biodiesel in AEO2022 -
		U.S. Energy Information Administration (EIA)

> The EIA's AEO2022 Reference case projects U.S. renewable diesel supply will exceed biodiesel supply in the near term. Renewable diesel supply is projected to reach 130,000 b/d in 2022 and 145,000 b/d in 2050. Growth is driven by new refinery capacity and existing incentives.

- Date: 2022-03-24 · published 2022-03-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/15408-eia-projects-u-s-renewable-diesel-supply-to-surpass-biodiesel-in-aeo2022-u-s
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A shift toward renewable diesel increases demand for fats and oils feedstocks, which supports soybean oil and other vegetable oil prices.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 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) | -2.4% | -8.3% |
| 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 | 2017-12-15 | [U.S. biodiesel production still increasing despite expiration of tax credit -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/67355-u-s-biodiesel-production-still-increasing-despite-expiration-of-tax-credit-u-s.md) | -1.1% | -0.7% |
| SBO | 2022-04-15 | [EIA’s latest energy outlook forecasts US renewable diesel supply to…](https://feedsoft.ai/events/15403-eia-s-latest-energy-outlook-forecasts-us-renewable-diesel-supply-to.md) | +3.2% | +2.7% |
| SBO | 2024-05-28 | [Renewable diesel production surpasses biodiesel \| Economic Research Service](https://feedsoft.ai/events/15215-renewable-diesel-production-surpasses-biodiesel-economic-research-service.md) | -0.6% | +0.1% |

## Sources

- eia.gov: https://www.eia.gov/TODAYINENERGY/detail.php?id=51778

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