EPA puts hardship waiver program on hold and RIN prices jump in response

In Washington, Reuters reports that the hardship waiver program has been put on hold while the Environmental Protection Agency reviews how applications are scored and waivers are issued. Reuters also reports that on the back of the news, D6 RIN prices rose 4 cents to 14.5 cents. The expectation is that the review will lead to changes in the controversial program that has pitted the oil industry and against the ethanol industry. Already issuance of new waivers has been delayed for at least a week.