Informative Articles About Our Research
Refiners rebuffed again on RIN price passthrough part 3 – does this wipe out 1/3 of small refiners’ value?
By Hoekstra Trading LLC |
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 Hoekstra Trading LLC |
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
By Hoekstra Trading LLC |
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?
By Hoekstra Trading LLC |
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
By Hoekstra Trading LLC |
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?
By Hoekstra Trading LLC |
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
By Hoekstra Trading LLC |
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?
By Hoekstra Trading LLC |
Which would a catalyst sales person rather have: a strong personal relationship with the key decision maker, or the catalyst ...
Read More Constipated refineries
By Hoekstra Trading LLC |
Recently, it was reported that PBF Energy is considering restarting some secondary units at is partially-idled refinery in Paulsboro, New ...
Read More Refining earnings news signals Tier 3 margin squeeze
By Hoekstra Trading LLC |
Some news from recent refining earnings reports: Cenovus (CVE) reports low refining profitability Cenovus attributed low 4th quarter refining profits ...
Read More