EPA wants to cut speculators out of RIN market

In Washington, the Houston Chronicle reports that the Environmental Protection Agency’s administrator believes a potential solution to high RIN prices and associated volatility in the thinly traded market could be the removal of speculators, restricting those who are allowed to buy and sell credits. He said that allowing year-round E15 sales would also help to put pressure on RIN prices and keep them more under control. The Renewable Fuels Association welcomed the EPA’s proposals for RFS reform.