Archive for December 2020
US premium gasoline sales hit 3-year high
In August 2020, sales of premium gasoline in the United States hit a three year high of 45.8 million gallons/day, the highest since the previous peak of 46.1 million gallons/day in August 2017. Premium gasoline sales have grown since 2007 in a seasonal pattern that peaks in August, shown here in gold in units of…
Read MoreRINs and sulfur credits – where do the $billions go?
In 2013, the price of D6 Renewable Identification Numbers (RINs) skyrocketed sixty-fold (not sixty percent!) in weeks, triggering a financial crisis that rocked the US refining industry and is still making news today: The bright colored data shows the 2013-vintage D6 RIN (blue) price snapping up to a new relationship with the D4 RIN (green)…
Read MoreRINs and sulfur credits — the 2013 RIN boil over
The 2013 D6 RIN boil over In 2013, the price of D6 RINs skyrocketed sixty-fold in a matter of weeks, triggering a financial crisis that rocked the US refining industry and is still making news today: The bright-colored data shows the 2013-vintage D6 RIN (blue) snapping up to a new relationship with the D4 (green)…
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