AJOT | October 07, 2024 | Energy
Biofuels are making up an increasing share of total distillate fuel oil consumed in the United States. Beginning in the September 2024 Short-Term Energy Outlook (STEO), we began publishing forecasts for several new series that help to better capture how biofuels are being consumed and overall demand for distillate fuel oil, a classification of petroleum products that includes diesel, fuel oil, and heating oil.