Biodiesel hurting due to slump in RIN price since September

October 24, 2012 |

In Iowa, biodiesel has become unviable for producers because the RFS mandate for biodiesel has been met, slashing the value of RINs to as low as 50 cents each, down from $1.50 as recently as late summer. The 1 billion gallon biodiesel blending mandate was reached sometime in September.

Category: Fuels

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