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Politics : Peak Oil reality or Myth, of an out of Control System
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From: dvdw©9/24/2021 8:11:38 AM
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This piece really will have an impact on energy future. Outtake next,Given Chevron has extensive hydroprocessing capacity, we see the possibility to produce renewable diesel or even sustainable aviation fuel in the future," Chevron downstream executive vice president Mark Nelson told Reuters.Bunge already supplies soybean oil to Chevron, which co-processes small quantities of renewable diesel at its El Segundo, California, refinery.

Nelson said the amount of renewable diesel it will produce will be driven by market conditions but expects over time to process renewable feedstocks at its West Coast and Gulf Coast refineries.

Meanwhile, legislation is currently being considered that would make sustainable aviation fuel (SAF) more economically viable to produce at scale. SAF can be three or four times more expensive than making traditional jet fuel.

Last month, Marathon Petroleum announced it would build a soybean processing complex with ADM in Spiritwood, North Dakota, as part of a joint venture in which Marathon will receive exclusive access to the soybean oil.

Unlike other green fuels such as biodiesel, renewable diesel can power auto engines without being blended with diesel derived from crude oil, making it a lower-pollution option.

Full article finance.yahoo.com
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