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Friday, February 2, 2018

Delaware Asks EPA for RIN Waiver

(Dow Jones) -- Delaware Gov. John Carney asked EPA Administrator Scott Pruitt to grant a waiver to Delaware refiners from their renewable fuel quotas. In a letter, Carney said the high cost of renewable identification numbers--or RINs--will "severely harm" Delaware in 2018. RINs are compliance credits refiners must purchase if they don't add ethanol to fuel. Carney said the price of RINs has increased by 200%. "The sharp and significant increases in costs to the refinery industry will directly lead to devastating job losses in Delaware and throughout the region."