Global biofuels output could surge 70% amid energy crisis
A large increase in biofuels production would add supply of liquid fuels and feedstocks.
Source →The trace
How it reaches your house.
Starting from Soybean Oil (Biodiesel Feedstock), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Biodiesel (FAME — Fatty Acid Methyl Ester) →Stands to benefitA 35% share makes the United States the largest listed biodiesel hub here, so it should benefit the most from the output surge.
92% confidenceCorn Ethanol (fuel-grade) →supply upThe U.S. accounts for 95% of the modeled corn-ethanol supply share, so a surge in output is concentrated as added U.S. supply.
90% confidenceBiodiesel (FAME — Fatty Acid Methyl Ester) →Stands to benefitChevron Renewable Energy Group (formerly REG)
A 20% biodiesel market share makes this producer a major beneficiary of a global biodiesel output surge.
Hop 2
Home heating oil →supply upBiodiesel (FAME — Fatty Acid Methyl Ester)
A surge in biofuels output directly increases biodiesel FAME availability, and the graph lists it as an input to home heating oil.
80% confidenceArcher-Daniels-Midland (ADM) Biodiesel →supply upBiodiesel (FAME — Fatty Acid Methyl Ester)
ADM Biodiesel is a meaningful supplier of biodiesel with about a 12% share, so a surge in biofuels output should increase available FAME supply.
79% confidenceArcher-Daniels-Midland Company (ADM) →Prices rise
Where it lands
What you buy, and what you own.
Goods you buy
Gasoline and diesel · Home heating oil
In the MyPRIA app, this is checked against your own holdings.