Baker & O'Brien's Q1 2016 PRISM Newsletter: U.S. Refining Margins Continue to Fall
Special Topic: Ethanol's Growing Consumer Susbidy
June 1, 2016
Baker & O’Brien’s first quarter 2016 PRISM™ analysis reports a continued drop in refining margins. Our special topic this quarter looks at the higher Renewable Fuels Standards (RFS) compliance costs Refiners have faced in 2016, the expected cost increase for 2017, and the growing subsidy consumers are paying to renewable fuel producers.
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