Rising RINs picks refiner winners and losers

摘要

New York—The rising price of US ethanol credits, or RINs, is picking the winners and losers right now in refining, with companies blending their own gasoline having an edge over those who don’t. ”Well positioned companies” include refiners like Marathon Petroleum, Northern Tier Energy, Tesoro and Western Refining, according to analysts at Macquarie.