RIN Market Leaning Towards Reduced Small Refinery Exemptions

RIN Market Leaning Towards Reduced Small Refinery Exemptions

 

Use of Small Refinery Exemptions Hangs on Definition of “At Any Time”

The 10th Circuit Court ruled that small refinery exemptions (SREs) must be continuous since 2011 in order for the small refinery to eligible for an ongoing exemption. In oral arguments delivered on April 27,  small refiners believe that SREs are available as needed and that they are allowed to re-apply “at any time” a hardship develops. 

Justice Thomas felt the argument was “odd” in that a refiner could ask for an exemption for something that has terminated. Counsel responded that benefits should be available to small refiners despite a brief lapse in time. This defense seemed to become shaky when Justice Kagan used the example of a small refiner not receiving an exemption since 2011 and was profitable and able to meet obligations through…

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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