Locator: 46301WTI.
Military and retiree pay raise: 2024. One of the largest in 40 years. Nice. Bill passed today.
Investment deep-dive today: the “529” plan.
Easily one of the best-kept investment secrets. Particularly for retirees. Yesterday I spent an uninterrupted three hours studying the “529” and how the new SECURE Act affects it — if you are a retiree this needs to be discussed with your financial advisor. I have two financial advisors: my wife and Sophia. My mentor was my father and the elder Forbes. But that was years ago.
CNBC “Squawk Box”: fascinating this a.m.
Sara Eisen: still among the best — across the board — on CNBC.
Personal investing: not buying anything today or tomorrow. I will let things settle down for a few days.
BRK-B: down today when rest of market continues to move up. BRK-B down $3.33, down 1%. And, chart of the day coming up.
US auto industry: great interview on CNBC this a.m. Confirms what I thought I knew about US auto market. Hopefully CNBC posts the interview later.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
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Back to the Bakken
WTI: $71.90.
Friday, December 15, 2023: 20 for the month; 169 for the quarter, 739 for the year
39291, conf, Hess, GO-TONG Trust A-17-96-2032H-3,
Thursday, December 14, 2023: 19 for the month; 168 for the quarter, 738 for the year
39292, conf, Hess, GO-TONG TRUST A-157-96-2032H-2,
Renewable diesel (RD) production has been surging this year, far surpassing blending mandates established by the Environmental Protection Agency (EPA). But there may be storm clouds on the horizon. The jump in RD production has led to excess generation of Renewable Identification Numbers (RINs), the tool used to ensure compliance with the Renewable Fuel Standard (RFS), impacting RD economics. With RD production set to move even higher in 2024 amid already-declining margins, it has left some to wonder how the market will come back into balance. In today’s RBN blog, we look at the growth in RD production, the resulting impact on RIN volumes and prices, and how things could shake out next year.
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