The RINs market reacted to a news story that EPA was planning on being stingy with future small refinery exemptions (SREs). That speculation was addressed by Administrator Wheeler at a House Energy and Commerce Committee hearing yesterday. Wheeler said no decisions have been made about the SRE process, and he was reluctant to make comments that could have market implications for RINs trading.  According to Wheeler, We are currently reviewing, along with attorneys, how to best implement that decision and that, of course, goes to the heart of the small refinery exemption program.   In January, the 10th Circuit Federal Court of Appeals in Denver ruled that EPA went beyond its authority in granting three different small refine...