The Renewable Fuel Association’s Chief Economist says Small Refinery Waivers like the one granted to oil giant Chevron Tuesday continues to hurt the ethanol industry. Scott Richman says, “Even though we’ve had some good news lately on the blend rate, the residual effects from the Small Refinery Exemptions has continued to cause ethanol prices to be lower than they otherwise would have been.”
Richman says the exemptions have led to too many Renewable Identification Numbers that are now worth far less.
Continue reading RFA disputes big oil’s no harm to ethanol claim at Brownfield Ag News.
