EPA could re-allocate RIN requirements during RVO announcement Friday

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 approved this year compared to ordinary years. The announcement could come jointly with 2019 and 2020 renewable volume obligations that have passed through the White House and other agencies for approval.