Archive for August 2025
Top 3 Takeaways from American Fuel and Petrochemical Manufacturers (AFPM) Summit 2025
Number 3: 300 First Time Attendees! The halls were buzzing with 30-somethings (and some even younger delegates), 300 of whom were first time attendees. Many of them served as presenters and panelists while their graying mentors roamed around the rooms with microphones (Phil Donahue style), fielding questions from large audiences which included the panel members’…
Read MoreTop Three Takeaways – From EPA Decisions on Small Refiner Exemptions
Number 3: The Big Contradiction Remains Unresolved This decision is a “deal”, straight out of the textbook, “Trump: The Art of the Deal”. It is a compromise about the Big Contradiction. The Big Contradiction is that: while, These two things cannot both be true simultaneously. The “same cost for all obligated parties” position is based on…
Read MoreEconomics of Refinery Octane Part 1 – U.S. Octane Values 2016-2025
The last ten years have seen historic changes in the U.S. octane market. The retail value of octane, the primary yardstick of gasoline quality and price, has increased 5-fold. The wholesale value of octane has increased in the last 3 years, spiking threefold in July 2022, followed by another year of high values in 2023.…
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