Study: Gasoline-price spike is not due to RINs

The elevated price of Renewable Identification Numbers is not a factor in increased retail gasoline prices this year, according to a study by Informa Economics. A review of market trends shows that the Renewable Fuel Standard and RINs "have not been a demonstrable factor in the rise in retail gasoline prices that has occurred in early 2013," said the report, commissioned by the Renewable Fuels Association. RIN prices added four-tenths of a cent to the price of each gallon of gasoline, but this is offset when ethanol's discount to gasoline is factored in the retail price, said Scott Richman, senior vice president at Informa.

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