Biodiesel hurting due to slump in RIN price since September

In Iowa, biodiesel has become unviable for producers because the RFS mandate for biodiesel has been met, slashing the value of RINs to as low as 50 cents each, down from $1.50 as recently as late summer. The 1 billion gallon biodiesel blending mandate was reached sometime in September.

Category: Fuels