The ethanol industry is drawing attention to an Environmental Protection Agency (EPA) memo in the recent proposal for volume requirements under the Renewable Fuel Standard (RFS) about the impact of Renewable Identification Numbers (RINS) and gas prices.
Fuels America held press call Thursday with representatives from Growth Energy and the Renewable Fuels Association (RFA) to talk about the memo, which shows RIN prices have no impact on gas prices. Taking part in the call were Growth Energy CEO Tom Buis, RFA Senior Vice President Geoff Cooper, Growth Energy Chief Economist Jim Miller, and RFA president Bob Dinneen.
Fuels America press conference