Farm, Ethanol, Retail Groups Implore EPA to Reject CVR Energy RFS Petition -- OPIS [MarketWatch]
CVR Energy Inc. (CVI)
US:NYSE Investor Relations:
investors.cvrenergy.com
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Source: MarketWatch
CVR Energy's request from late last year to alter the Renewable Identification Number (RIN) trading program under the Renewable Fuel Standard. The letter comes after two refineries owned by CVR Energy--Coffeyville and Wynnewood Refining--requested in December 2023 that the agency initiate a rulemaking that would restrict the obligated parties that can trade RINs, as its current system allows for "an illegal RIN market where RINs trade at hundreds of times their production cost for the benefit of market speculators, criminals, large retail chain owners, and RIN long large vertically integrated refiners." The groups on the letter--including the Renewable Fuels Association, the National Farmers Union, NATSO, SIGMA and NACS--said that request, among other issues, is "contrary to the RFS's policy objectives, untenable in practice, and legally unmoored from any objective reading of the enabling statute." Advertisement "As described above, fundamentally altering the structure of the
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CVI
Earnings
- 2/20/24 - Beat
CVI
Sec Filings
- 4/17/24 - Form ARS
- 4/17/24 - Form DEFA14A
- 4/17/24 - Form DEF
- CVI's page on the SEC website