Gasoline desulfurization for Tier 3
Stock investors — watch 3rd quarter refining margins
By Hoekstra Trading LLC |
Investors and analysts are confused about how to interpret low refining margins being reported this year. My theory is the ...
Read More Feedstock modeling for gasoline desulfurization
By Hoekstra Trading LLC |
In Houston this week? Learn how refiners are using 21st Century analytical methods to make more high octane, low sulfur ...
Read More CVR Energy – another case study in low refining margins
By Hoekstra Trading LLC |
Investors and analysts are confused about how to interpret low refining margins being reported this year. Much of the confusion ...
Read More US retail octane value hits new high
By Hoekstra Trading LLC |
Last week, the US average retail octane value (premium - regular gasoline price differential) hit a new high of 71.4 ...
Read More What’s the missing piece in Phillips 66 refining profit problem?
By Hoekstra Trading LLC |
Investors are puzzled over Phillips 66 (PSX) refining profits. Here is a comment from a PSX stock investor last week: ...
Read More Poor refining profitability puzzles investors
By Hoekstra Trading LLC |
An Aug. 16, 2021 article titled Phillips 66 Stock: Advantaged By Its Refining-Adjacent Businesses, by Laura Starks was published on ...
Read More Today’s octane economics
By Hoekstra Trading LLC |
Because octane can seem confusing, consider a more familiar commodity, wine. Imagine you own a vineyard. You produce wine for ...
Read More Refining’s margin capture problem — here’s the hidden cause
By Hoekstra Trading LLC |
A sore point in US refiners' 2021 earnings has been low "margin capture" rates. Margin capture refers to actual realized ...
Read More Hidden costs of Tier 3 gasoline hurt refiners’ gasoline production and profit margins
By Hoekstra Trading LLC |
For the first time, US refiners are being challenged to meet the EPA's Tier 3 10-ppm sulfur gasoline specification while ...
Read More New gasoline specification is increasing gasoline prices
By Hoekstra Trading LLC |
As gasoline demand increases, a new specification is increasing gasoline prices. The specification, called the Tier 3 Standard, limits gasoline ...
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