National Energy Reporter at Reuters in NYC, father of two beautiful girls and husband to a fantastic woman. Proud Philly sports fan.

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@JarrettRenshaw — 2,504 followers, 5,996 tweets

RT @BiofuelsTrader: @JarrettRenshaw Yet VLO made $2.4billion in 2016 and on track for $2 billion in 2017 all while blending required buofuel or buying RINS.
RT @RinnyTheGopher: @JarrettRenshaw @wizardrykids This is going to fly like a lead zeppelin. I'm sure NONE of the other refiners who co…
“PES is saying it will ignore the RFS, while at the same time acknowledging it intends to sell the credits it has accumulated from it...That’s not just wrong, it’s illegal.” - @EthanolRFA
.@EthanolRFA on PES - There is no factual basis to suggest the financial woes of PES are a consequence of the RFS. Wall Street analysts, academic researchers, EPA officials, and even some other oil refiners have said repeatedly that RINs don’t negatively affect refining margins.
In 2017, PES says its costs associated with RFS compliance totaled approximately $218 million, more than twice payroll, nearly one and 1/2 times average annual capex, approximately 4 times interest expense and single largest expense after crude oil. #OOTT
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