Tag: RIN

NATSO launches new RIN management service with Alternative Fuels Council

NATSO launches new RIN management service with Alternative Fuels Council

October 2, 2018 |

In Virginia, NATSO Inc. and the Alternative Fuels Council launched a new RIN Management Service designed to help fuel retailers that blend and sell renewable fuels to more efficiently participate in the Renewable Fuel Standard (RFS) program and manage their Renewable Identification Numbers (RINs). The Alternative Fuels Council’s RIN Management Service will help those who […]

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E15 could go year-round but will be paid with restrictions on RIN trade

E15 could go year-round but will be paid with restrictions on RIN trade

October 1, 2018 |

In Washington, Reuters reports that as the Trump Administration looks to approve year-round E15 sales it is also likely to restrict RIN trade in an effort to reduce costs for oil companies by reducing speculation. Restrictions include a 120% cap of RINs vs. compliance obligation to keep companies from speculating while some parties could be […]

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EPA releases hardship waivers data showing 29 refineries were granted 13.62 billion gallons of exemptions in 2017

EPA releases hardship waivers data showing 29 refineries were granted 13.62 billion gallons of exemptions in 2017

September 20, 2018 |

In Washington, Reuters reports that the Environmental Protection Agency finally released data regarding small refinery hardship waivers, saying that 29 refineries were granted waivers from RIN compliance in 2017 compared to 19 in 2016 and just seven the year before. A total of 13.62 billion gallons of ethanol were exempted in 2017 as a result […]

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Congressmen introduce bill to reallocate waived RIN gallons

Congressmen introduce bill to reallocate waived RIN gallons

September 10, 2018 |

In Washington, Iowa Congressman David Young and Minnesota Congressman Collin Peterson introduced the Restoring Our Commitment to Renewable Fuels Act which will reallocate waived renewable fuel obligations and require the Environmental Protection Agency (EPA) to disclose refineries who receive “hardship” waivers. Over the past two years, 2.25 billion gallons have been destroyed due to the […]

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Senator Grassley believes EPA has taken RIN generation from exports off the table

Senator Grassley believes EPA has taken RIN generation from exports off the table

August 15, 2018 |

In Washington, Senator Chuck Grassley says that following discussions with the acting administrator of the Environmental Protection Agency he no longer believes that that controversial proposal to generate RINs from ethanol exports is still an option for reform of the Renewable Fuel Standard. The acting administrator has been coy about what reforms were likely to […]

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House Energy and Commerce Committee talks RINs

House Energy and Commerce Committee talks RINs

July 26, 2018 |

In Washington, the House Energy and Commerce Committee held its fifth hearing on the Renewable Fuels Standard on Wednesday, focusing this time on educating members about RINs. The chairman of the committee said many of the members don’t understand RINs, so wanted an educational meeting to get them up to speed due to the importance […]

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EPA backs off from plan to reallocate RINs lost to hardship waivers

EPA backs off from plan to reallocate RINs lost to hardship waivers

July 12, 2018 |

In Washington, Reuters reports that the Environmental Protection Agency has backtracked on an earlier plan to re-allot RIN obligations to other refiners to make up for the 1.8 billion gallons of ethanol demand lost due to hardship waivers granted to smaller refineries. The EPA says the waivers only eliminated demand for 2.25 million gallons. The […]

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EPA announcement reassigning waived RINs likely postponed after oil uproar

EPA announcement reassigning waived RINs likely postponed after oil uproar

June 21, 2018 |

In Washington, Friday’s planned announcement by the Environmental Protection Agency administrator and the Secretary of Agriculture at a farm in Missouri on Friday that RINs waived would be re-allotted to other refineries will likely be postponed after uproar by the petroleum industry. So now the last minute deal must be rejigged but it won’t likely […]

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EPA could re-allocate RIN requirements during RVO announcement Friday

EPA could re-allocate RIN requirements during RVO announcement Friday

June 20, 2018 |

In Washington, Reuters reports that the Environmental Protection Agency could announce re-allotments of RIN requirements waived under the hardship waiver program to other refiners as early as Friday, a move that would reduce the potential 1.8 billion gallon ethanol glut left when smaller refiners were granted waivers. The EPA has tripled the volume of waivers […]

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RIN prices sink to 5-year low ahead of White House RFS proposals

RIN prices sink to 5-year low ahead of White House RFS proposals

June 4, 2018 |

In Washington, Reuters reports that RIN prices sank to five-year lows at just 18 cents each on Monday ahead of an anticipated proposal from the White House to reform the Renewable Fuel Standard. RIN production from ethanol exports as well as year-round E15 are two of the proposals previously batted around by the USDA and […]

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