Tag: RINs

Renewable fuel credits decline more than 15% on fears of EPA refinery waiver ruling appeal

Renewable fuel credits decline more than 15% on fears of EPA refinery waiver ruling appeal

March 8, 2020 |

In New York, Reuters reports that U.S. renewable fuel credits fell more than 15% on Friday after news the Trump administration plans to appeal a federal court decision that cast doubt on a program exempting small oil refineries from biofuel blending laws. “The administration had previously intended to respond to the court decision by scaling […]

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GZ Energy to launch digital trading platform in Q4

GZ Energy to launch digital trading platform in Q4

September 21, 2019 |

In Maryland, physical commodities brokerage GZ Energy, LLC plans to launch its digital trading platform, GZX, in October. GZX will provide renewable fuel market participants with a means to discreetly trade separated (K2) Renewable Identification Numbers (RINs), California Low Carbon Fuel Standard (LCFS) credits, and Oregon Clean Fuels Program (CFP) credits without the participation of […]

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NGL Crude pays $25M penalty for RFS fraud and retires $10M in RINs

NGL Crude pays $25M penalty for RFS fraud and retires $10M in RINs

September 30, 2018 |

In Oklahoma, NGL Crude Logistics LLC agreed to pay $25 million civil penalty and agreed to retire $10 million in renewable fuel production credits as part of the settlement with the Department of Justice and the Environmental Protection Agency. The Department of Justice and EPA alleged that NGL entered into a series of transactions with […]

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Study says fixing RFS is getting easier and easier

Study says fixing RFS is getting easier and easier

February 17, 2018 |

In Illinois, a new study from the University of Illinois analyzes why the gap between the ethanol blend wall and the conventional ethanol mandate is so important to understanding the movement of ethanol RINs prices, how the gap is rapidly shrinking, and what this means for the future ethanol RINs price levels. The report said […]

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Homeland Energy Solutions gets EPA RINs approval

Homeland Energy Solutions gets EPA RINs approval

December 8, 2017 |

In Iowa, Homeland Energy Solutions LLC received approval from the U.S. EPA for “efficient producer” status for the production of non-grandfathered ethanol produced in its Lawler, Iowa facility. Based on the EPA’s assessment, fuel produced through the Homeland Lawler Process qualifies under the Clean Air Act for renewable fuel RINs. Using corn starch as the […]

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Latin American countries change fuel import tenders as they bet on lower RINs

Latin American countries change fuel import tenders as they bet on lower RINs

August 12, 2015 |

Around Latin America, countries such as Peru and Ecuador are betting that US RIN prices will continue to fall in coming months and as such would boost the prices for imported gasolina and diésel. To offset any potential increase in price, several countries in the region are changing their import tenders to be more medium-term […]

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Biofuels and the Oil Price, Gloomy Gus, Energy Bear, Express Train to Mood Hell

Biofuels and the Oil Price, Gloomy Gus, Energy Bear, Express Train to Mood Hell

January 6, 2015 |

Oil prices are down, energy stocks are plunging, and the investor mood is giving Lord of the Flies a run for its money for mix of peril, fantasy and pessimism. So why is the hard data for biofuels so much rosier than the global mood? AFICIONADOS OF SATURDAY MORNING CARTOONS of the early 1970s may well recall […]

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Ensyn generates first RINs, receives QAP certification

Ensyn generates first RINs, receives QAP certification

November 10, 2014 |

In New York, Ensyn has generated its first RINs, and their D7 cellulosic RINs have received QAP certification. Ensyn is the first company to generate cellulosic RINs under the EPA’s expanded definition of heating oil under the RFS2. Ensyn believes it is the leading producer of cellulosic D7 RINs in 2014. Ensyn’s RIN generation is […]

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RIN prices peak at 50 cents per gallon after EPA 2013 RIN generation data released

RIN prices peak at 50 cents per gallon after EPA 2013 RIN generation data released

February 10, 2014 |

In Washington, the prices of D6 ethanol RINs are up to 50 cents per gallon after the EPA released December RIN generation data last week, according to ESAI, Energy Security Analysis, Inc. Ethanol blending in 2013 generated around 13.08 billion D6 RINs, well below the 13.8 billion in blending obligations mandated by RFS policy for […]

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Demand picking up for Genscape’s QAP for verifying RINs

Demand picking up for Genscape’s QAP for verifying RINs

January 16, 2014 |

In Kentucky, Genscape is reporting a growing demand for its QAP and other RIN integrity solutions with more than 40 producers already participating. Producers participating in Genscape’s QAP services have observed an increase in the price they get for their RINs once they have achieved the compliance status. An increasing number of downstream buyers are […]

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