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EPA grants Calumet full small refinery exemptions for 2025, cutting $170M liability.

Market News
02 Sep 2026
PRNewsWire
View Source
Bullish
EPA grants Calumet full small refinery exemptions for 2025, cutting $170M liability.

Calumet, Inc. announced that the U.S. Environmental Protection Agency (EPA) approved full small refinery exemptions for two petitions covering the 2025 compliance year. This decision reduces Calumet's balance sheet liability by 71 million Renewable Identification Numbers (RINs), valued at about $170 million as of mid-2026. However, the company still holds a remaining liability of 129 million RINs worth approximately $309 million related to partial exemptions from 2022-24, which are still under EPA review and legal challenge. This update positively impacts Calumet's financial outlook by lowering its environmental compliance costs for 2025.

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Costco shares drop 10% in 6 months while S&P 500 rises 17%, raising value questions below $900.

Costco shares drop 10% in 6 months while S&P 500 rises 17%, raising value questions below $900.

Over the past six months, Costco's stock has fallen by 10%, contrasting with the S&P 500's 17% gain. This decline has sparked debate on whether Costco's shares, now trading under $900, represent a buying opportunity. Investors are weighing if the pri...

Analyst Insights
Neutral
1 hour ago
Elon Musk confirms Terafab talks, expanding chip partners beyond Intel.

Elon Musk confirms Terafab talks, expanding chip partners beyond Intel.

Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...

Market News
Neutral
3 hours ago
XRP shows bullish signs with price range between $1.45-$1.65, traders eye breakout opportunities.

XRP shows bullish signs with price range between $1.45-$1.65, traders eye breakout opportunities.

Ripple's XRP token experienced bullish momentum in August, breaking key resistance and maintaining support around $1.45. Despite some short-term selling pressure and price corrections, technical indicators suggest a long-term uptrend. Traders are wat...

Technical Signals
Bullish
4 hours ago
Arthur Hayes predicts Bitcoin will hit $1M, says Michael Saylor's influence is fading with ETFs rising.

Arthur Hayes predicts Bitcoin will hit $1M, says Michael Saylor's influence is fading with ETFs rising.

Arthur Hayes, co-founder of Bitmex, stated in an interview that Michael Saylor's Bitcoin investment strategy no longer drives the market due to the rise of U.S. spot Bitcoin ETFs, which offer investors easier access to Bitcoin. Hayes highlighted that...

Market News
Bullish
4 hours ago
GoldMining reports strong gold-copper mineralization from surface at Yarumalito drill hole YAR-45 in Colombia.

GoldMining reports strong gold-copper mineralization from surface at Yarumalito drill hole YAR-45 in Colombia.

GoldMining Inc. announced initial assay results from its 2026 diamond drilling program at the Yarumalito Project in Colombia, confirming nearly 400 meters of continuous gold-copper mineralization from surface in drill hole YAR-45. The results validat...

Market News
Bullish
4 hours ago
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