# Fuel for Thought: US Refiners, RINs and the RVO

> S&P Global's insight piece reviews the long-running dispute between US refiners and the biofuel blending mandates under the Renewable Fuel Standard. It argues some industry participants want the RFS overhauled to better reflect current conditions. The piece is commentary with no new policy decision.

- Date: 2021-06-22 · published 2021-06-22T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/46440-fuel-for-thought-us-refiners-rins-and-the-rvo
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Any future RFS overhaul or RVO change could materially shift biofuel feedstock demand for soybean oil and corn. For now, the discussion is background without a direct price move.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-03-02 | [Fuel for the Future \| ASTM](https://feedsoft.ai/events/15409-fuel-for-the-future-astm.md) | +1.5% | -5.7% |
| SBO | 2018-03-15 | [News, Notices and Announcements for the Renewable Fuel Standard \| US EPA](https://feedsoft.ai/events/65893-news-notices-and-announcements-for-the-renewable-fuel-standard-us-epa.md) | +1.9% | -0.5% |
| SBO | 2023-10-19 | [US oil refiners crank out diesel, further squeezing margins for gasoline](https://feedsoft.ai/events/33711-us-oil-refiners-crank-out-diesel-further-squeezing-margins-for-gasoline.md) | -5.0% | +0.3% |
| SBO | 2021-05-20 | [The race for green fuel is on](https://feedsoft.ai/events/46967-the-race-for-green-fuel-is-on.md) | -0.5% | -8.4% |
| SBO | 2025-03-10 | [Your Questions on the RFS, RINs and RVO Answered \| O&E Online](https://feedsoft.ai/events/15140-your-questions-on-the-rfs-rins-and-rvo-answered-o-and-e-online.md) | -1.9% | +6.5% |
| SOY | 2022-03-02 | [Fuel for the Future \| ASTM](https://feedsoft.ai/events/15409-fuel-for-the-future-astm.md) | -0.1% | -3.7% |
| SOY | 2021-05-20 | [The race for green fuel is on](https://feedsoft.ai/events/46967-the-race-for-green-fuel-is-on.md) | -2.3% | -13.6% |
| SOY | 2025-03-10 | [Your Questions on the RFS, RINs and RVO Answered \| O&E Online](https://feedsoft.ai/events/15140-your-questions-on-the-rfs-rins-and-rvo-answered-o-and-e-online.md) | -1.1% | -3.3% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/blog/crude-oil/062221-fft-us-refiners-rin-rvo

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.