Alto Ingredients Inc (ALTO): (Reuters)Refiners buy credits, or RINs,...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

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

kel4

Re: None

Saturday, 03/23/2013 12:09:40 PM

Saturday, March 23, 2013 12:09:40 PM

(Reuters)Refiners buy credits, or RINs, from producers

The ethanol mandate requires increasing volumes of biofuels to be blended into the U.S. fuel supply each year through 2022. Refiners buy credits, or RINs, from producers of renewable fuels to comply with the federal targets.

http://www.reuters.com/article/2013/03/20/usa-ethanol-lawmakers-idUSL1N0CC2VK20130320

Ethanol production margins over variable costs are estimated at about 25 cents per gallon, not really high enough to significantly boost production.

http://www.porknetwork.com/e-newsletters/pork-daily/Recent-developments-in-the-ethanol-market-197589931.html

A 70 Cent RIN http://rinindex.ecoengineers.us/

and .25c a Gallon

$1.00 per Gallon Profit

Add Corn Oil at Majic Valley in Q1,Stockton in Q2

Add WDGS Profits 23% Of Revenue

They Are Killing It Right Now !

Question Is,Do they Throw Shareholders Under the Buss in Q4 and Carry Good News Forward to Q1 After an R/S ?