Hints and tips:
...The partnership estimated Rins would cost $170m for the full 2017 year. “The price of Rins has been extremely volatile over the past year....
...“Rins are the quintessential example of the absurdity of so many regulations the EPA has issued,” he said....
...this week in an interview with Bloomberg TV when he quoted the head of the refining company he controls, CVR Energy, as saying that ‘if Pablo Escobar were alive, he wouldn’t be doing coke, he’d be trading RINs...
...All things being equal, a higher ethanol Rin price suggests a tougher blending mandate. Ethanol Rins traded at about 48 cents apiece in late May, up 20 per cent from a year before....
...Ethanol Rins cost about 56 cents per gallon last week. Fuel blenders are granted a Rin with each gallon of ethanol they blend and are free to sell them on the open market....
...RINs, renewable identification numbers rose to a record $1.25 per gallon on Monday....
...“Industry could comply with these renewable fuel obligations without the incentive of a high RIN price to build out E85 infrastructure or produce more biomass-based diesel.”...
...They can also buy RIN credits as a substitute for meeting blending obligations. In fact, Tesla’s stock began to outperform just after RIN prices peaked on March 11....
...The company also owns 10 ethanol plants but on the whole needs to buy RINs to satisfy blending obligations. Mr Chow said Valero’s RIN obligations would cost nearly $900m this year....
...Renewable Identification Numbers, or Rins, traded at about 32 cents per gallon early on Monday, down 25 per cent from last week....
...(Financial Times) - ‘RIN-sanity’ as US ethanol credits rise 1,400% on fears of missing mandated targets. (Financial Times) - Dealers expect BoJ to abandon debt-purchasing limits....
...Mandy-rin friends While Peter Mandelson, the European trade commissioner, may have few friends in the French textile business he has found one in China, in the shape of trade minister Bo Xilai....
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