Midwest States Pose New Challenges for Gasoline Supply

With summer gasoline season upon us, refiners and gasoline distributors are now supplying the more expensive, low volatility summer gasoline grades that cause pump prices to increase in summer.  This year, they include a new low volatility grade that is being supplied for the first time to motorists in several Midwest states.  This is the…

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Comparing Theoretical and Market Renewable Identification Number (RIN) Prices Part 2 – How Well Do RIN Market Prices Track With Economic Theory?

Read other blogs in this series – Comparing Theoretical and Market RIN Prices: How well do RIN Market Prices Track With Economic Theory? That question is best answered by the 2 charts below. Figure 1 (whose title says Fig. 2) shows a copy of Figure 2 extracted from the published Irwin-McCormack-Stock (IMS) article that defines…

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What’s Next for Cellulosic Biofuel and the D3 RIN? – Part 8, A New Industry Emerges

See previous blogs in this series: Cellulosic biomass consists of non-food crops and waste biomass like corn stalks, corncobs, straw, wood, wood byproducts methane emitted from landfills and animal manure. In 2007, the Renewable Fuels Standard (RFS) set mandates for generating transportation fuels from these raw materials and other categories of biomass.  The vision was…

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What’s Next for Cellulosic Biofuels and the D3 RIN Part 6 – D3 RIN Price – Is The Market Off By a Factor of Ten?

See previous posts in this series, What’s Next For Cellulosic Biofuels and the D3 RIN?: Familiar corporate names like Waste Management, Cummins, Freightliner and BP have joined forces with dozens of less familiar public companies and startups to form a new American industry. Thousands of commercial trucks, powered by natural gas fueled engines, are on…

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D4 RIN Price – What’s the Outlook for 2025?

September and October brought bullish predictions for the D4 Renewable Identification Number (RIN). So far they have not played out. What’s the outlook for 2025? Bullish sentiment was in the air this autumn, when D4 RIN market prices rose into the high 70’s from a February low of 39 cents (much like happened with Chicago…

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