Posts by Hoekstra Trading LLC
Here’s how to reduce RIN costs by 25%
On December 14, 2021, Hoekstra Trading notified our clients of a RIN credit spread trading opportunity which is indicated by the gap between the dark green and light green data points on the right side of this chart: The opportunity was to sell the 2021 (light green) D4 RIN and buy the 2022 (dark green)…
Read MoreRIN Fundamentals — 20 FAQs
Recommendation Anyone with a stake in RINs pricing and economics should get Hoekstra Research Report 10 which includes the Hoekstra ATTRACTOR spreadsheet spreadsheet that accurately calculates D4T, the theoretical RIN price, tracks it versus quoted market prices, and predicts how RIN prices will change with the variables that affect them. Why not send a purchase…
Read MoreSecretary 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…
Read MoreA RIN is a tax and a subsidy that forces renewables into fuel – Part 2, the RIN subsidy
Summary This is a four-part blog series describing the renewable identification number (RIN) as a tax (part 1) and a subsidy (this part 2) that forces renewables into fuels (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…
Read More30% discount on this summer’s catalyst testing program for gasoline desulfurization
Better gasoline desulfurization catalysts are available to increase production of marketable Tier 3 gasoline Seventy gasoline desulfurizers are in operation in the US today, and over 200 worldwide. Now is the time to focus on optimizing their octane/sulfur performance. For one thing, better catalysts are available that will deliver higher octane product with just a…
Read MoreA RIN is a tax and a subsidy that forces renewables into fuels — Part 1, the RIN tax
Summary This is a four-part blog series describing the renewable identification number (RIN) as a tax (this part 1) and a subsidy (part 2) that forces renewables into fuels (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…
Read MoreRefiners use new technology to increase gasoline supply and reduce price
This presentation from the 2021 Gulf Coast Conference shows how one refinery is working with Hoekstra Trading and our network of top refining technology companies (e.g. Avantium, C Solutions, Topsoe, W.R. Grace, VUV Analytics, Intertek, and others) to increase gasoline supply and reduce price using 21st century engineering and laboratory methods Refiners, join our coalition…
Read MoreNew desulfurization catalysts will increase gasoline supply and reduce price
Much of the gasoline being produced in the US today is not marketable because it is too high in sulfur and/or too low in octane. With the new Tier 3 ultra-low sulfur gasoline specification now fully in place, refiners must increase severity of gasoline desulfurization which is destroying $billions per year of octane and making…
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