XCF Global Inc., a U.S. based sustainable aviation fuel (SAF) producer decarbonizing the aviation industry, on March 23 issued a statement on the ongoing disruption to global aviation fuel markets caused by the Middle East conflict. As jet fuel and SAF prices surge to historic levels, XCF Global is sharing its perspective on what the current crisis reveals about the structural vulnerabilities of petroleum-dependent aviation fuel supply chains and the role domestic SAF can play in addressing them.
According to S&P Global Platts data, SAF prices in California reached an all-time high of 885 cents ($8.85) per gallon in the week ended March 4, 2026, a surge of more than 132 cents ($1.32) per gallon in a single week. Spot jet fuel prices on the US West Coast increased to 125.54 cents ($1.26) per gallon in early March; levels not seen since 2022. The disruption of tanker disruption of tanker traffic through the Strait of Hormuz, through which approximately 20 million barrels per day of crude and refined product normally flow, has driven distillate prices sharply higher across major global hubs.
>> In Other News: Benton Partners With Metals Creek To Acquire 6 Projects With Natural Hydrogen Potential In Newfoundland
XCF SAF utilizes domestic waste-based feedstock. These feedstocks are not impacted by the Middle Eastern crude supply. "Our focus remains on delivering high quality SAF to our partners, maintaining operational continuity, and supporting the aviation sector as markets stabilize. America's aviation sector remains deeply tethered to a global oil market that is inherently unstable. The feedstock, the technology, and the workforce to change that exist right here at home. Domestic waste-based SAF is not a future solution. We believe it can be made available now, that it can be scalable, and that it can be produced entirely from American materials. We believe the current crisis is bringing long-overdue attention to what domestic SAF producers have understood for years; a fuel whose supply chain begins and ends in the United States is a fundamentally different kind of energy security while mitigating climate impact," Chris Cooper, CEO, XCF Global
XCF Global believes that energy security and lowering emissions from aviation are not mutually exclusive. The events of recent weeks have brought that principle into focus for the aviation sector. As the market works through this period of volatility, XCF Global remains committed to expanding its domestic production.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ⏸️ Microsoft's Carbon Removal Pause Puts A One-Buyer Market To The Test 🧱 Verde Developing Environmental Product Declaration (EPD) For Its Engineered Biochar In Road Materials 🌲 ...
Inside This Issue 🌽 Kansas Ethanol Plant Gets EPA Green Light for CCS 🔋 Hydrexia Inks Hydrogen Commercial Contract in Vietnam ⏸️ Microsoft Staff Tell Some Carbon Capture Companies It’s Pausing Dea...
Inside This Issue 🌿 Graphyte Announces 60,000 Ton Carbon Removal Agreement With JPMorganChase ✈️ Montana Renewables Signs Bold 70M-Gallon SAF Agreement ⚡ eFuels SEA Launches Platform to Develop eF...
KAOHSIUNG, April 16, 2026 /PRNewswire/ -- As global industries accelerate toward the dual goals of AI transformation and net-zero carbon emissions, the Metal Industries Research and Development Cen...
Carbon180 Defines Responsible Carbon Removal with Industry-First Shared Framework
New framework builds the foundation for a maturing industry, codifies shared standards for increasing public trust and scaling programs safely Carbon180, the first and leading non-profit working a...
Exomad Green and Supercritical Sign 500,000-Tonne Biochar Agreement
Three-year deal secures Exomad Green’s remaining 2026 inventory and forward allocations through 2028 amid growing demand for verified, operational carbon removal Santa Cruz, Bolivia / London, UK —...
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, April 16, 2026 (GLOBE NEWSWIRE) -- Cielo Waste Solution...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.