InvestorsHub Logo
Followers 0
Posts 593
Boards Moderated 0
Alias Born 02/26/2013

Re: None

Monday, 03/18/2013 11:04:19 PM

Monday, March 18, 2013 11:04:19 PM

Post# of 286
US ethanol RIN credits surge 1,400% this year

US ethanol credits surge 1,400% this year

http://nicosiamoneynews.com/2013/03/06/us-ethanol-credits-surge-1400-this-year/

Refiners buy RIN credits from ethanol producers and use this as proof that they’re complying with the national fuel laws. The good news is that RIN credits have been relatively inexpensive, until recently. The bad news is that RIN prices have recently exploded. From a little over a penny in June 2012, the cost of compliance is up to $1.10 as of the first week of March

http://dailyreckoning.com/fill-it-up-with-deathanol/
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GPRE News