Archive for July 2022
Secretary of Energy, oil CEOs discuss relaxing sulfur specs?
In Valero Energy’s earnings conference call yesterday, analyst Jason Gabelman asked about the June 23, 2022 meeting between refining executives and U.S. Energy Secretary Granholm on the possibility of fuel export bans and ways to increase domestic gasoline supply and reduce price. Here is an excerpt: Jason Gabelman, Director, Cohen All right. Were there any…
Read MoreA RIN is a tax and a subsidy that forces renewables into fuels Part 4 – A new perspective on RINs – the tax-subsidy interpretation
Summary This is a four-part blog series describing the renewable identification number (RIN) as a tax (part 1) and a subsidy (part 2) that forces renewables into fuels (part 3). This is part 4 showing how this tax-and-subsidize interpretation resolves the apparent contradiction at the core of the legal dispute over RINs which is now…
Read MoreA RIN is a tax and a subsidy that forces renewables into fuel Part 3 – How do RINs force renewables into fuel?
Summary This is a four-part blog series describing the renewable identification number (RIN) as a tax (part 1) and a subsidy (part 2) that forces renewables into fuels (this part 3), and how this tax-and-subsidize interpretation resolves the apparent contradiction (part 4) at the core of the legal dispute over RINs now in its 10th…
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