RFS: RIN Generation Sep '24 Highlights

D3 too little too late, D4 Issues, D5 Exports, D6 Meh

September Gross RIN Generation

RIN generation in September fell by 7+% vs August or 164 million RINs to 1,991 million RINs. RIN generation was down across the board in September due to 1 less day. August RIN generation was also revised upwards by 100 million RINs.

• D3 RIN gen: 88 million vs 89 million in Aug

• D4 RIN gen: 671 million vs 723 million in Aug

• D5 RIN gen: 18 million vs 24 million in Aug

• D6 RIN gen: 1,214 million vs 1,318 million in Aug

• Total RIN gen: 1,991 million vs 2,155 million in Aug