Informative Articles About Our Research

Investment alternatives for clean gasoline production in a volatile fuels market

This economic analysis presents investment costs and returns for a hypothetical refinery with a 55,000 barrel/day fluid catalytic cracker (FCC) ...
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No let-up in rising U.S. octane values

The relentless rise in octane value is seen in the U.S. average retail premium-regular pump price differential, expressed here in ...
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Modeling RINs as an option – Part 1

Also see Part 2 of this series This chart shows the price of D4 Renewable Identification Numbers (RINs) traded in ...
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Quantifying investment options for Tier 3 ultra-low sulfur gasoline

Hoekstra Trading LLC collaborated with Dr. Marcio Wagner Da Silva of Petrobras and Dr. Thomas Murphy of Valuation Risk & ...
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The MPC-PSX stock price spread continues growing

This chart shows a steadily growing gap between the price of Marathon Petroleum Company stock (MPC, in green) and Phillips ...
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Breaking the chains part 3 – Late demand for Tier 3 credits drives credit price up 5-fold in 2022

If you buy premium gasoline you’ve probably noticed its price differential versus regular has been increasing. That is a sign ...
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Breaking the Chains Part 2 – solutions for the Tier 3 gasoline octane-sulfur bottleneck

A meeting in Washington D.C. In June 2022, U.S. Secretary of Energy Jennifer Granholm called senior refining executives to Washington DC ...
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Breaking the Chains Part 1 – How the Tier 3 ultra-low sulfur gasoline mandate is handcuffing U.S. gasoline production

A commodity that's gone straight up While the stock market, crude oil, fuel prices, and cryptocurrencies have  gone up and ...
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U.S. EPA announces the U.S. gasoline pool met the Tier 3 10-ppm sulfur standard in 2021

The U.S. EPA has released the average gasoline sulfur number for U.S. gasoline in 2021. It is 10.04 parts per ...
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Release of Hoekstra Research Report 11: The Tax-and Subsidize Interpretation of RINs

To order this report including 6 months of unlimited consultation by phone and E-mail please issue a purchase order using ...
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