JDCAVE
Guru
- Joined
- Apr 3, 2011
- Messages
- 2,907
- Location
- Canada
- Vessel Name
- Phoenix Hunter
- Vessel Make
- Kadey Krogen 42 (1985)
I extracted this from a TD Waterhouse action note on Alimentation Couche Tard (a company that has the largest convenience store presence in the US):
"...Conflicting press reports have surfaced suggesting, then denying, that President Trump is planning to sign an executive order that would move the point of obligation for renewable-fuel compliance downstream from refiners to blenders. The move apparently has the backing of the Renewable Fuels Association (the trade group representing ethanol producers) as it appears to have negotiated concessions that increase ethanol usage..."
It's the latter part of the statement that is concerning. Not sure if this will have implications on the % ethanol in marine gasoline.
Jim
"...Conflicting press reports have surfaced suggesting, then denying, that President Trump is planning to sign an executive order that would move the point of obligation for renewable-fuel compliance downstream from refiners to blenders. The move apparently has the backing of the Renewable Fuels Association (the trade group representing ethanol producers) as it appears to have negotiated concessions that increase ethanol usage..."
It's the latter part of the statement that is concerning. Not sure if this will have implications on the % ethanol in marine gasoline.
Jim