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Hirisk…this is old news.
Well, hoping for a bounce in the future.
CHPT Agreed.
It will eliminate approximately 3/4 to 7/8 of said RIN’s obligations.
Champion, please give it a rest. Nobody gives a shit what you think.
Champion must have some money tied up on the shorts.
Earnings in another 3 days…
Next week will tell all…
#PBF has a bid out currently to convert one of its East Coast refinery’s units to a produce renewable energy product. Once the unit is up and running running they will be afforded an equal share of RINS from the Fed, which mean they will no longer be held hostage by the big boys and have to pay these outrageous prices for these credits.
