BP ‘well positioned’ in US ethanol credit market in short term – Reuters

by admin on July 30, 2013

BP 'well positioned' in US ethanol credit market in short term
Reuters
Renewable Identification Numbers (RINs) spiked to almost $1.50 per credit almost two weeks ago, compared with just 5 cents in December 2012. Refiners worried there would be a shortage of the credits this year and next as ethanol blending requirements 

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