Informative Articles About Our Research

US Refiners face gasoline sulfur/octane pinch with Tier 3

Two key findings from Hoekstra Trading's 3-year research project on Tier 3 (10 ppm sulfur) gasoline were: The octane destruction ...
Read More

Fuel economics – Why do Renewable Identification Number (RIN) costs pass through to fuel price?

A 9-year, multi-billion dollar legal dispute between EPA and refiners is rooted in disagreements about fuel economics. One of the ...
Read More

Refiners rebuffed again on RIN price passthrough part 3 – does this wipe out 1/3 of small refiners’ value?

In Thursday's denial of 36 petitions for small refinery exemptions to their Renewable Fuel Standard (RFS) obligations for the 2018 ...
Read More

For making clean fuels, 14 US refineries bite the dust

By clean fuels here, I mean conventional (not renewable) clean gasoline and clean diesel that meet clean fuel specifications for ...
Read More

Refiners rebuffed again on RIN price pass-through – part 2

Yesterday, EPA denied 36 petitions from refiners seeking small refinery exemptions (SRE) to their Renewable Fuel Standard (RFS) obligations for ...
Read More

Why are (were?) we importing oil from Russia?

In 2021, the US imported 700,000 barrels per day (BPD) of crude and refined products from Russia. Of this, 220,000 ...
Read More

Value of octane hits all-time high

The value of octane in the United States just hit an all time high of 12.6 cents per octane-gallon: For ...
Read More

Refining catalysts True or False?

About refining catalysts: True or false?1) The market share leader has the best catalysts2) You can rely on vendor data3) ...
Read More

Update on the MPC-PSX stock price spread

Throughout 2021 and 2022, I have been tracking the difference in performance of Marathon Petroleum (MPC, green) and Phillips 66 ...
Read More

Do refiners buy catalysts on relationships or economic value?

Which would a catalyst sales person rather have: a strong personal relationship with the key decision maker, or the catalyst ...
Read More

Categories