Grassley blames speculation for RIN spike, wants CFTC to step in

March 27, 2013 |

In Washington, Iowa Sen. Chuck Grassley told reporters that RIN prices had gone through the roof because of speculation and that it was up to regulators like the Commodity Futures Trading Commission to look into controlling it. Anti-biofuels groups are taking advantage of soaring RIN prices as an opportunity to get rid of the RFS.

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Category: Policy

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