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At the National Biodiesel Board conference in Fort Worth, Texas, NBB CEO Donnell Rehagen hosted leaders of petroleum groups to discuss common ground. Panelists identified the growth of electric vehicles as a shared concern for liquid fuels.
Growing electric vehicle adoption is a long-term threat to liquid fuel and biofuel demand, but the conference produced no immediate supply or price change.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.