Tidewater Midstream and Infrastructure Ltd T.TWM

LCFS market

[nkbourbaki]

Sharing a recent Reuters article that suggests the LCFS issues may be here to stay.

https://www.reuters.com/markets/commodities/canadas-renewable-diesel-projects-hit-by-us-import-surge-2024-10-29/

[wynner]

FYI. Parkland imports renewable diesel. "Our renewable diesel is sourced from leading manufacturers in North America" https://assets.ctfassets.net/tatgxebmkmwo/2hJI3HTsbcFhEJQ6Cy4xy1/11d8f98fb93e11fa02caa12140951e33/PRK_R100_SellSheet_Parkland-standard-v2.pdf

[wynner]

BC LCFS price was $200 minimum in July 2023 and $205 in 2024 (July). A lot less imports a year ago according to Reuters. I'll take fluctuations for October please for $500,000 .

[wynner]

Down boy. Good dog. ---------------------------------------------------------------------- The U.S. exported 67,975.3 metric tons of biodiesel and biodiesel blends of B30 or greater in September, according to data released by the USDA Foreign Agricultural Service on Nov. 5. Biodiesel imports were at 88,055.9 metric tons for the month.  The 67,975.3 metric tons of biodiesel exported in

[nkbourbaki]

THanks for sharing.

[wynner]

You send me 62 tons and then I will send back 35 tons.  How about the credits? Was the diesel no good? Brrrr. Nothing worse than lumpy diesel up north. LCFS-T last year: " The facility is currently producing approximately 1,500 bbl/d of on-spec cold weather diesel and the Corporation is actively working on safely increasing production rates towards the facility's 3,000 bbl/d

[wynner]

John Kemp today. "DISTILLATE SLUMP   Diesel and other distillate fuel oils (including biodiesel and renewable fuel oil) are the workhorse of the industrial economy.   More than three-quarters of distillate fuel oils are used in hauling freight by road, rail and barge, or by manufacturers themselves.   Distillate consumption is therefore closely geared to the state of the