Dinneen: Refiners are using high RIN prices to undermine RFS

03/14/2013 | Bloomberg · Agri-Pulse.com

The run-up in the price of ethanol Renewable Identification Numbers is not driving up the retail cost of gasoline, according to Bob Dinneen, president and CEO of the Renewable Fuels Association. Refiners are using the rising price of RINs as an excuse to spread "hysteria" and "undermine" the Renewable Fuel Standard, Dinneen said. "There is no way that the opaque marketplace for RINs is driving up the cost of gasoline today," Dinneen said.

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Bloomberg · Agri-Pulse.com

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