ReformedSellSider

[ReformedSellSider @formersellsider]

@mailboxmoney6 Next to landscaping. Those are the two things that always cost way more than you would expect them to.

[ReformedSellSider @formersellsider]

@AnthonyReed19 @FuelingUSJobs Because ethanol is LESS energy efficient gasoline. Said differently, you have to burn MORE ethanol to get the same output as a gallon of gasoline.

[ReformedSellSider @formersellsider]

@toiletkingcap @RinnyTheGopher What’s right with higher RINs? Propping up an insolvent RD/biodiesel industry that can’t make money otherwise, at the expense of higher fuel prices?

[ReformedSellSider @formersellsider]

@FuelingUSJobs Check the prices of corn and soybeans too, since the claim is the RFS is “so great for farmers”. In reality it’s great for soybean oil crushers, ethanol producers, and non-obligated parties (retailers) that generate and sell RIN back to refiners.

[ReformedSellSider @formersellsider]

@TomKloza Don’t forget to subtract $13+ per barrel to cover RFS compliance costs which, according to the EPA, are directly passed through into the price of fuel and raising costs for the American consumer.

[ReformedSellSider @formersellsider]

@TomKloza Next up should be a relaxation of the RFS mandate. Could knock out another 30c per gallon in fuel prices and likely wouldn’t see a meaningful change in the volume of ethanol blended.

[ReformedSellSider @formersellsider]

@FarmerLogic @TomKloza In the Mid Con today? RINs are half the crack spread.

[ReformedSellSider @formersellsider]

@Scott_Wiener Good. Thanks for the update. Keep us posted on any more sensible legislation.

[ReformedSellSider @formersellsider]

@DanielHusseyJr @JarrettRenshaw Forcing more soybean oil, corn oil, canola oil etc into bio and RD production isn’t going to make those fuels any more cost competitive. It’s just going to drive the feedstock costs higher and require more government subsidies to balance the difference.

[ReformedSellSider @formersellsider]

@DanielHusseyJr @JarrettRenshaw And every feedstock for biodiesel and renewable diesel costs more than the price of the fuel is sold for. The only way those products can be made is because of government subsidies - RINs, 45Z credits, LCFS credits, etc.

[ReformedSellSider @formersellsider]

@DanielHusseyJr @JarrettRenshaw Higher biofuel blending quotas = higher prices for RINs, which = higher costs to produce transportation fuels. Which part are you missing?

[ReformedSellSider @formersellsider]

@JarrettRenshaw Now how about an emergency waiver to cap RIN prices to help bring down the cost of fuel for the American driving public?

[ReformedSellSider @formersellsider]

@TomKloza Pretty insane the RVO cost is about twice the operating costs of a refinery…

[ReformedSellSider @formersellsider]

@JarrettRenshaw @APIenergy @annmarie @AriNatter Put a cap on RIN prices. If they think the farmers need more subsidies then just write them a check .

[ReformedSellSider @formersellsider]

@TanishaPierreL1 @JarrettRenshaw Considering it doesn’t make any money without government subsidies and mandates - no.

[ReformedSellSider @formersellsider]

@swmut @JarrettRenshaw American fuel consumers absorb it through higher fuel costs. Biodiesel and RD can only be profitable with a high RIN price, which just increases the price of fuel.

[ReformedSellSider @formersellsider]

@JarrettRenshaw Well, yeah, because high RIN prices are borne by the American driving public. Easy way to bring fuel prices down is to cap RIN prices.

[ReformedSellSider @formersellsider]

@US_OGA If only our government wasn’t massively increasing the cost to produce gasoline and diesel through the RFS

[ReformedSellSider @formersellsider]

@unusual_whales Ahem, capping RIN prices would be a great place to start!