EPA not likely to reallocate RIN obligations during E15 rulemaking

In Washington, Reuters reports that sources say the Environmental Protection Agency doesn’t plan to reallocate RIN obligations waived under the hardship waiver policy or other recent actions granted by the EPA as part of the agency’s roll out of year-round E15. The biofuels industry has repeatedly asked the EPA to include RIN reallocation during its rulemaking process for E15. There is concern that oil companies would suffer if RIN prices soared speculatively on the back of reallocated RINs.

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