- SCOTUS could hand down their decision next week regarding the appeal by small refiners seeking exemptions to renewable fuel standards.
- The questions and comments by the justices during the April 21 oral argument seem to indicate the court will decide against the small refiners.
- Affirming the 10th Circuit appeal by the SCOTUS will have a positive impact on Renewable Energy Group.
- I am doing an event trade with the expectation of making a modest short-term profit on the decision.
For further details see:
Renewable Energy Group Is A Potential Short-Term Event Trade Based On An Expected SCOTUS Decision