Prices of renewable fuel credits, needed by refiners to comply with the nation’s Renewable Fuel Standard, have skyrocketed over the past few months, an indication to some that the dreaded "blend wall" is close. The price for the traded Renewable Identification Numbers (RINs) for corn-based ethanol have jumped from a trading range of about 2-3 cents/RIN to as much as 79 cents/RIN. Trading for 2013 ethanol RINs Tuesday started the day at 75 cents/RIN and got as high as 79 cents/RIN before dropping back down to 75 cents/RIN by assessment time. Platts assessed RINS Tuesday at 75 cents/RIN.  Read More  

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