NEWS
E85 Price Drop Linked to RINs
Myke Feinman Refine Fuels Reporter
Thu Jul 25, 2013 02:09 PM CDT

STREATOR, Ill. (DTN) -- A recent surge in the price of corn-based ethanol Renewable Identification Numbers has resulted in lower prices at the pump for E85 and increased sales this month, said a presenter at the Commodity Futures Trading Commission committee meeting Thursday.

E85 is a concentration of up to 85% ethanol with 15% gasoline.

The CFTC convened a meeting of its Agricultural Advisory Committee to obtain the views of agricultural market experts.

"E85 sales have tripled," said Phillip Verleger of PK Verleger LLC, one of two presenters on ethanol RINs.

RINs, the credits used to show compliance with the ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?