US ethanol RINs generated in February fell by 99 million RINs, or 7.89%, from January to 1.155 billion RINs, Environmental Protection Agency data showed Thursday.
February biomass-based diesel (D4) RINs rose by 18.13 million RINs, or 9.33%, to 214 million RINs generated.
Advanced biofuel (D5) RIN generation fell by 306,000 RINs, or 5.44%, to 5.316 million RINs generated.
Cellulosic biofuel (D3) RINs generated jumped by 15.43 million RINs, or 3,359.65% to 15.889 million RINs.
Total RINs generation was at 1.6390 billion RINs, down 65 million RINs, or 4.5%, from January.
The EPA issues RINs to track renewable fuel usage throughout the supply chain. Refiners, importers and blenders -- called obligated parties -- use them to show the EPA that they have fulfilled their mandated government use of renewable fuels. If the obligated party has not used enough physical product, it can buy RINs to satisfy the quota.
