An end to RINsanity? EPA hints at blendwall relief in 2014

Amid record high RIN prices and skyrocketing costs of RFS2 compliance for refiners, the EPA has released the 2013 renewable fuel volume mandates and hinted at a potential lowering of the volume requirements in 2014 due to blendwall constraints. In this Insight, Wood Mackenzie documents the difficulty of compliance with the Renewable Fuels Standard, explores the economics of the E85 market, and highlights which refiners could be most impacted by the current standards and how refiners may be...