U.S. imports of biodiesel and renewable diesel significantly decreased in the first half of 2025 compared with the same period in previous years. This decline is primarily due to the loss of tax credits for imported biofuels. Additionally, domestic consumption is also down. In January 2025, U.S. production of biodiesel fell to 60,000 barrels per day (b/d), the least since January 2015, and about 40 percent less than in January 2024. Production increased in February and March, bringing the quarterly production to about 70,000 b/d, but still a decrease of 30 percent from Q1 24. While production is expected to increase through the second half of the year, biodiesel production is expected to remain less than in 2024. For...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.