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Thursday, April 18, 2024

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RINs and Repeat

Volatility in the RINs market directly affects liquid heating fuel companies
Volatility in the RINs market directly affects liquid heating fuel companies A little less than a year ago, the energy industry was anxiously awaiting the U.S. Environmental… https://oilandenergyonline.com/articles/all/rins-and-repeat/

EIA: Oil Prices to Rise, RINS Drop

The latest forecasting from the U.S. Energy Information Administration (EIA) anticipates higher crude oil prices in late 2023 and into 2024.
The latest forecasting from the U.S. Energy Information Administration (EIA) anticipates higher crude oil prices in late 2023 and into 2024. This upward pressure will be caused by… https://oilandenergyonline.com/articles/all/eia-oil-prices-rise-rins-drop/

RINS, Explained

What they are and how they affect your profits
What they are and how they affect your profits Members of the heating industry have been hearing about Renewable Identification Numbers (RINs) for years, and even more so in the… https://oilandenergyonline.com/articles/all/rins-explained/

GAO Finds Flaws in Small Refinery Exemption Program

GAO discovered that smaller oil refineries pay more for renewable identification numbers (RINs)
GAO discovered that smaller oil refineries pay more for renewable identification numbers (RINs) The Government Accountability Office (GAO) released its report reviewing the… https://oilandenergyonline.com/articles/all/gao-finds-flaws-small-refinery-exemption-program/

Better Late than Never

EPA releases final volume standards for 2020-2022 Renewable Fuel Standard
EPA releases final volume standards for 2020-2022 Renewable Fuel Standard The Environmental Protection Agency (EPA) has finalized a package of actions setting biofuel volumes for… https://oilandenergyonline.com/articles/all/better-late-never/

If You Can’t Beat ‘Em, Blend ‘Em

As costs of compliance rise, oil majors bet big on biofuels
As costs of compliance rise, oil majors bet big on biofuels The price of Renewable Identification Numbers (also known as RINs), which is the compliance mechanism administrated by… https://oilandenergyonline.com/articles/all/if-you-cant-beat-em-blend-em/

“The Nexus of Energy and Environmental Policy”

Oil & Energy speaks with Advanced Biofuels Association President Michael McAdams
Oil & Energy speaks with Advanced Biofuels Association President Michael McAdams Earlier this year, NEFI announced a new partnership with the Advanced Biofuels Association. Under… https://oilandenergyonline.com/articles/all/nexus-energy-and-environmental-policy/

Do. Not. Substitute.

Dealers may incur fines for using or selling heating oil as diesel
Dealers may incur fines for using or selling heating oil as diesel Recently, price differentials between the costs of fuels have prompted some dealers to ask if they may legally… https://oilandenergyonline.com/articles/all/do-not-substitute/

RIN Prices Approach All-Time Highs

Biodiesel blending credits have surpassed the $1 mark
Biodiesel blending credits have surpassed the $1 mark The prices of renewable identification number (RIN) credits — the compliance mechanisms used for the Renewable Fuel Standard… https://oilandenergyonline.com/articles/all/rin-prices-approach-all-time-highs/

The Politics of the RFS

Missing RVOs, gap SREs and campaign trail promises
Missing RVOs, gap SREs and campaign trail promises In a webinar on the Renewable Fuel Standard (RFS) held during this year’s Virtual HEAT Show, one attendee typed into the Q&A… https://oilandenergyonline.com/articles/all/politics-rfs/

“Out of Step”

EPA finalizes biofuel volume requirements, small refinery exemption method
On December 19, 2019, the U.S. Environmental Protection Agency (EPA) finalized volume requirements under the Renewable Fuel Standard (RFS) program for 2020 for cellulosic biofuel,… https://oilandenergyonline.com/articles/all/out-step/

EPA Proposes New Rule on Small Refiner Exemptions

Industry stakeholders urge agency to uphold president’s commitment
The U.S. Environmental Protection Agency (EPA) has proposed a supplemental Renewable Fuel Standard (RFS) rule in response to President Donald Trump’s October 4 directive to expand… https://oilandenergyonline.com/articles/all/epa-proposes-new-rule-small-refiner-exemptions/

Clear Signals

National Biodiesel Board CEO Donnell Rehagen on the Renewable Fuel Standard, the Providence Resolution, and future opportunities for the heating oil and biofuel industries
On September 16, 2019, National Biodiesel Board CEO Donnell Rehagen addressed an audience of more than 300 energy professionals, primarily heating oil dealers from the Northeast… https://oilandenergyonline.com/articles/all/clear-signals/

RFS in Distress

Industry calls for increased biofuel volumes and significant reforms to waiver process
Last month, the National Biodiesel Board submitted comments on the Environmental Protection Agency’s annual proposed Renewable Fuel Standard (RFS) rule. NBB argued that EPA must… https://oilandenergyonline.com/articles/all/rfs-distress/

RINderella – A Fuel Story

“How do RINs work and who profits?” Those were the questions Sandra Dunphy attempted to answer at the Southern New England Energy Conference, September 25. It’s a tall order for anyone, because the Renewable Identification Number (RIN) market is notorious…
“How do RINs work and who profits?” Those were the questions Sandra Dunphy attempted to answer at the Southern New England Energy Conference, September 25. It’s a tall order for… https://oilandenergyonline.com/articles/all/rinderella-fuel-story/

Renewing or Refining the RFS

The first Renewable Fuel Standard, or RFS1, was passed into law as part of the Energy Policy Act of 2005 and expanded into RFS2 with the passage of the Energy Independence and Security Act of 2007. As chief counsel at the Senate Committee on Environment a…
The first Renewable Fuel Standard, or RFS1, was passed into law as part of the Energy Policy Act of 2005 and expanded into RFS2 with the passage of the Energy Independence and… https://oilandenergyonline.com/articles/all/renewing-or-refining-rfs/

Year-Round E15 and Small Refinery Waivers

These are challenging times for American farmers. Low commodity prices, plummeting RIN values, and the prospect of trade wars are taking a toll on the agriculture economy. In June, EPA Administrator Scott Pruitt spent time with farm groups and ethanol pro…
These are challenging times for American farmers. Low commodity prices, plummeting RIN values, and the prospect of trade wars are taking a toll on the agriculture economy. In… https://oilandenergyonline.com/articles/all/year-round-e15-and-small-refinery-waivers/

The RFS In Perspective

Industry stakeholders react to EPA’s recent proposal and other developments
Industry stakeholders react to EPA’s recent proposal and other developments It’s been some summer for the renewable fuels industry — rule proposals, public hearings,… https://oilandenergyonline.com/articles/all/rfs-perspective/

GAO Criticizes Renewable Fuel Standard

The U.S. Government Accountability Office (GAO) recently released two reports on the federal Renewable Fuel Standard (RFS) that raised concerns about the program’s performance. The RFS is important to the heating oil industry because it provides financial…
The U.S. Government Accountability Office (GAO) recently released two reports on the federal Renewable Fuel Standard (RFS) that raised concerns about the program’s performance.… https://oilandenergyonline.com/articles/all/gao-criticizes-renewable-fuel-standard/

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