Biodiesel RIN Defrauder Gets 15+ Year Sentence

John Davis

The Environmental Protection Agency is showing it’s serious about holding up the integrity of the Renewable Identification Number (RIN) system for renewable energy credits. The Lubbock (TX) Avalanche-Journal reports Jeffrey David Gunselman, the founder of Lubbock-based Absolute Fuels, got more than 15 years in prison and has to pay nearly $55 million in restitution and a $175,000 fine for his …

Biodiesel, Government, RINS

DF Cast: Countering RIN-sanity

John Davis

There’s been a lot of talk about the prices for Renewable Identification Numbers … better known as RINs … especially from Big Oil trying to blame RINs for the rise in gasoline prices. But in this edition of the Domestic Fuel Cast, Ron Lamberty, Senior Vice President with the American Coalition for Ethanol (ACE) and Brian Jennings, Executive Vice President …

ACE, Audio, Domestic Fuel Cast, Ethanol, Government, News, RINS

An American Success Story

Joanna Schroeder

The American Coalition for Ethanol (ACE) has created an ‘infographic’ promoting the benefits of the Renewable Fuel Standard (RFS). Entitled “An American Success Story,” the new infographic pinpoints how the RFS is accomplishing the goals set by Congress. “ACE’s infographic is a vivid and effective ‘show and tell’ tool for ethanol advocates to use in proactively promoting the benefits of …

ACE, Audio, Biofuels Beltway, Ethanol, RINS

RIN Study Counters “Hyperbole”

Joanna Schroeder

According to new analysis conducted by Informa Economics, Inc., ethanol costs significantly less than gasoline at the wholesale level and is reducing pump prices for consumers across the country. The report demonstrates that the Renewable Fuel Standard (RFS) and its associated “RIN” credits, have not been a factor in this spring’s higher retail gasoline prices. A RIN is a Renewable …

Audio, Ethanol, RFA, RINS

Economist Says E85 Will Solve RINS Price Issue

Cindy Zimmerman

A highly respected oil economist believes the solution to the current Renewable Identification Numbers (RINs) price issue is more sales of E85 (85% ethanol). Economist Phil Verleger has weighed in on the RINS situation in the latest edition of Notes at the Margin, his weekly email report about news impacting the petroleum industry. “The obvious solution to the RIN price …

Audio, E85, Ethanol, Ethanol News, Oil, RINS

Renewable Fuels Leaders Refute Oil Industry Claims

Cindy Zimmerman

Leaders of Fuels America held a press conference this morning to “preemptively answer misinformation on renewable fuel blends and gasoline prices” in a new report by the American Petroleum Institute. Speaking in defense of the renewable fuels industry were the heads of several industry organizations and companies, including Growth Energy CEO Tom Buis, Renewable Fuels Association CEO Bob Dinneen, Advanced …

advance biofuels, AEC, Audio, biofuels, Cellulosic, E15, Ethanol, Ethanol News, Growth Energy, RFA, RFS, RINS

Stop the RINsanity!

Cindy Zimmerman

RINsanity is running rampant across the country and the ethanol industry is trying its best to bring some reason to the debate over these things called RINS. In this edition of “The Ethanol Report” podcast, Renewable Fuels Association president and CEO Bob Dinneen explains what RINS are and how the ethanol industry believes oil companies are choosing RINS instead of …

Audio, Ethanol, Ethanol News, Ethanol Report, RFA, RINS