Ethanol RIN Values Dive as EPA Moves Back Compliance Deadline and Flags SRE Decisions
U.S. ethanol blending credit prices fell sharply to multi-month lows after the Environmental Protection Agency delayed a September 1 compliance deadline for refiners and said it would rule on outstanding small refinery exemption petitions by the end of August. Traders reacted to the prospect that the EPA’s decisions could free up a large volume of …