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A new EIA-commissioned study finds that transportation fuel production in the Midwest and Rocky Mountain regions has grown substantially since 2005. In-region refinery output of fuels, net of ethanol and biodiesel inputs, reached 84% of demand in the Midwest and 101% in the Rocky Mountains in 2015.
Greater regional fuel self-sufficiency reduces dependence on Gulf Coast supply and may slightly dampen regional diesel price spikes. The effect on feed ingredient prices is minimal.
eia.govMar 15, 2017After 224 past report events, ULSD / Diesel moved a median -0.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.3% over 20.
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.
