E15 and E85 Demand Under RIN Price Caps and an RVP Waiver

An understanding of several technical and economic factors is needed to understand the current discussions about the RFS and E15. Here we briefly discuss how the EPA could implement a RIN price cap. We then summarize how fuel content restrictions currently limit year-round sales of mid-ethanol blend fuels. Last, we summarize the role of RINs in incentivizing consumption of high ethanol-blend fuels.