Informative Articles About Our Research

Phillips 66 3Q 2021 refining margin is still way low

Today Phillips 66 (PSX) reported a realized refining margin of $8.57/barrel versus a market benchmark margin of $19.44/barrel. The ratio, ...
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US gasoline pool was 8 ppm sulfur in 2020

We now know the complete story of the six year approach to 10 ppm sulfur gasoline in the United States. ...
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Stock investors — watch 3rd quarter refining margins

Investors and analysts are confused about how to interpret low refining margins being reported this year. My theory is the ...
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Feedstock modeling for gasoline desulfurization

In Houston this week? Learn how refiners are using 21st Century analytical methods to make more high octane, low sulfur ...
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Time to regroup on RINs

The refining industry has little to show for its investment in the 8-year battle to get relief on RIN costs. ...
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The 2021 OPIS conference and the biofuels contradiction

See the other posts in this series, Top 3 Takeaways: 2021, 2022, 2023, 2024 Any engineer attending a biofuels conference ...
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CVR Energy – another case study in low refining margins

Investors and analysts are confused about how to interpret low refining margins being reported this year. Much of the confusion ...
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US retail octane value hits new high

Last week, the US average retail octane value (premium - regular gasoline price differential) hit a new high of 71.4 ...
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Strange happenings in refineries

Strange things are happening in this refinery. Is anyone hurt? https://www.amazon.com/13-Days-Pythagoras-Conspiracy-Thrillers-ebook/dp/B015LI65GI/ref=nodl_ When will we have results of those catalyst analyses? ...
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What’s the missing piece in Phillips 66 refining profit problem?

Investors are puzzled over Phillips 66 (PSX) refining profits. Here is a comment from a PSX stock investor last week: ...
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