Alto Ingredients Inc (ALTO)

[kel3]

RIN Ethanol Replacement Market Is Dead!

West Coast Ethanol $2.57 a gallon,Gas prices set a record in California $4.614 for a gallon of regular

*$2.04 Price Difference,Sounds Very Profitable to Put More In & Stop Using RINs

*RIN Trading has Become Non Existant with Profit Produced by Actually Blending Ethanol

Ethanol RINS flat as physical blending increases
Janet McGurty, Reuters

Some blenders and refiners are using physical ethanol to blend into gasoline rather buy RINs, essentially credits that fuel companies use to prove they have satisfied the ethanol production mandate. Levels have surged this summer as a drought-stricken corn crop raised questions about whether ethanol producers would make enough of the corn-based fuel for oil companies to meet their quotas.

Ethanol was selling at a 34-cents a gallon discount to conventional gasoline in the Midwest, making it more economically attractive to use.

(This Was When thier Was Only a .34c Price Discount to Gasoline)

RIN Trading Market Is Dead!

Ethanol Renewable Identification Numbers (RINS),You Dont Get Ethanol When You Buy an RIN/You Get a # So You Dont Have to Blend