RINs Plunge, Industry Reacts to EPA’s ‘Disappointing’ Final RVO Volumes

RINs Plunge, Industry Reacts to EPA’s ‘Disappointing’ Final RVO Volumes

*Please Note – Bob Lane was out of the office today and will return on Friday, June 23, 2023. Please contact Amanda Luhavalja at [email protected] in his absence.*

Alexandra Chapman, Amanda Luhavalja

RIN prices fell off a cliff on Wednesday after the U.S. EPA released its final decision for the country’s biofuel blending requirements early this morning. The 2023-2025 Renewable Fuel Standard (RFS) volumes, or renewable volume obligations (RVOs), were set at 20.94 billion gallons for 2023, 21.54 billion gallons for 2024, and 22.33 billion gallons for 2025.
                                                       

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

12.27.2024

US RD, SAF supplies remain strong despite declining import volumes

US RD, SAF supplies remain strong despite declining import volumes

US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...

12.27.2024

Animal fats and oils end week steady amid holiday-limited trades

Animal fats and oils end week steady amid holiday-limited trades

The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.

Weekly averages were unchanged from the prior week...

12.27.2024

Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap

Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap

US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...

Latest Tweets