Quantifying investment options for Tier 3 ultra-low sulfur gasoline

Hoekstra Trading LLC collaborated with Dr. Marcio Wagner Da Silva of Petrobras and Dr. Thomas Murphy of Valuation Risk & Strategy LLC in this article on economics of investment options for Tier 3 gasoline. Read the article in Hydrocarbon Processing February 2023 Recommendation Every refining executive should have a comprehensive understanding of the technical, regulatory,…

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The MPC-PSX stock price spread continues growing

This chart shows a steadily growing gap between the price of Marathon Petroleum Company stock (MPC, in green) and Phillips 66 stock (PSX, in red) since the first trading day of 2021.  Since the summer of 2021, I have been pointing to this gap and saying it will continue to grow because it is caused…

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