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What is a RIN?

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A.: RIN is short for Renewable Identification Number and is a renewable fuel credit. A RIN credit is a serial number assigned to each gallonof renewable fuel as it is introduced into U.S. commerce. RIN credits were created by the Environmental Protection Agencys (EPA) as part of the Renewable Fuel Standard (RFS) to track our nations progress toward reaching the energy independence goals established by the U.S. Congress. RIN credits are the currency used by obligated parties to certify compliance they are meeting mandated renewable fuel volumes. All gasoline produced for U.S. consumption must contain either adequate renewable fuel in the blend or the equivalent in RIN credits. EPA regulations require that the RIN be tracked throughout each link in the supply chain, as title is transferred from one party to the next. RINs are assigned and travel with renewable fuel until the point in time where the biofuel is blended with petroleum products to produce gasoline. Once the renewable fuel ...
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