Ethanol prices slide to 13.5 year lows on expectations EPA won’t raise 2019 blending

November 28, 2018 |

In Illinois, Platts reports that ethanol prices fell on Tuesday to the lowest level in more than 13 years at $1.1935/gal on the news that the Environmental Protection Agency wasn’t going to reallot RINs that had been waived under the controversial hardship waiver program and that volumes to be released by Friday would be in line with the original proposals announced in June. About 10% of oil refining capacity nationwide comes under the 75,000 b/d maximum that could apply for hardship waivers.

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Category: Fuels

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