Alex Epstein: Record-high U.S. biofuel mandates drive gasoline prices higher

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Mikhail Vnuchkov

1 hour ago

Alex Epstein: Record-high U.S. biofuel mandates drive gasoline prices higher — EPA biofuel rules increase gasoline prices

Alex Epstein highlights that the EPA set record-high biofuel mandates in March of this year.

He explains that this move led to much higher prices for RINs, which are biofuel credits refiners must purchase to comply with regulations. According to Epstein, these increased costs are passed along to consumers in the form of higher gasoline prices.

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