RINs pricing and economics

Why The Gap Between the D4T Theoretical Price and D4 RIN Market Price?

By Hoekstra Trading LLC | Jul 27, 2024

I have been asked how the D4T theoretical price (yellow line in Figure 1) is calculated and why it is ...

The New Game of Renewable Fuels Part 3 – WHY Are The RFS Mandates Nested?

By Hoekstra Trading LLC | Jul 20, 2024

The spectacular increase in the price of the D6 Renewable Identification Number (RIN) in 2013 was one of the most ...

The New Game of Renewable Fuels Part 2 – Principles 1, 2, and 3

By Hoekstra Trading LLC | Jul 14, 2024

The RIN is a game-changing environmental credit that is a tax, a subsidy, and a mandate, all at once. Read ...

The New Game of Renewable Fuels – The Rules Of The Game

By Hoekstra Trading LLC | Jul 7, 2024

The Renewable Fuels Standard (RFS) caused many businesses to be thrust involuntarily into a new game. The game came with ...

Mid-year ATTRACTOR Update – D4 RIN market price diverges from D4T Theoretical Price, plus “Critique of the C-Suites”

By Hoekstra Trading LLC | Jun 30, 2024

The Attractor spreadsheet (chart below) shows the 2024-vintage D4 RIN market price (gold points) and the “D4T” theoretical value (white ...

Revisiting RIN Cost Pass-through Part 4 – Will the Litigation Ever End?

By Hoekstra Trading LLC | Jun 23, 2024

See other episodes in this series: Part 1 - Two Camps Part 2 - How is the RIN Tax Different ...

Revisiting RIN Cost Pass-through Part 3 – The RIN Tax Does Not Affect A Refiner’s Profits

By Hoekstra Trading LLC | Jun 9, 2024

Read other blogs in this series: Part 1 - Two Camps Part 2 - How is the RIN Tax Different ...

Revisiting RIN Cost Pass-through – Part 2 – How is the RIN tax different than a sales tax?

By Hoekstra Trading LLC | Jun 2, 2024

Read other blogs in this series:Part 1 - Two CampsPart 2 - How is the RIN Tax Different From a ...

Revisiting RIN Cost Pass-through – Part 1, Two Camps

By Hoekstra Trading LLC | May 25, 2024