Jet Fuel Prices Double to $4.90/gal as XCF Global Upgrades 38M-Gallon SAF Facility
U.S. jet fuel prices have surged from $2.50 to $4.90 per gallon over recent weeks due to Strait of Hormuz shipping constraints, exposing crude-based aviation fuel vulnerabilities. XCF Global’s Reno facility, with 38 million gallon annual nameplate SAF capacity undergoing upgrades, leverages domestic waste feedstocks for improved supply resilience.
1. Jet Fuel Price Surge
Jet fuel prices in the U.S. have nearly doubled from approximately $2.50 to $4.90 per gallon over the past weeks, driven by shipping constraints through the Strait of Hormuz that have tightened global crude supply routes and escalated fuel costs for airlines.
2. Waste-Based SAF Supply Chain Advantage
Domestic sustainable aviation fuel produced from waste feedstocks such as used cooking oil operates independently of crude oil extraction and international shipping, insulating it from geopolitical shocks and enhancing supply-chain resilience compared to petroleum-derived jet fuel.
3. XCF Global Reno Facility Upgrades
XCF Global’s New Rise Renewables plant in Reno, Nevada, holds a permitted nameplate capacity of 38 million gallons per year of neat SAF, with potential for up to 100 million gallons of blended SAF, and is currently undergoing planned equipment upgrades to boost long-term reliability and performance.
4. Future Expansion Prospects
Beyond Reno, XCF Global is evaluating expansion opportunities in Nevada, North Carolina, and Florida to scale domestic SAF production, support aviation decarbonization goals, and further diversify feedstock and regional infrastructure footprints.