RFA slams Wells Fargo new RINs analysis

In Washington, D.C., the Renewable Fuels Association slammed the Wells Fargo note to investors on the subject of the Renewable Fuel Standard and its compliance credit (RIN) market mechanism, saying it is so replete with factual errors and falsehoods that they want to correct the record.

Secondly, RFA understands the Wells Fargo note is being shared liberally around Capitol Hill by oil refinery lobbyists hoping to boost their unjustified case for “regulatory relief” (i.e., compliance bailouts). They want to ensure lawmakers and regulators are hearing both sides of the story.

Read RFA’s response to the Wells Fargo RINs analysis report here.