Gasoline desulfurization for Tier 3

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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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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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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Poor refining profitability puzzles investors

An Aug. 16, 2021 article titled Phillips 66 Stock: Advantaged By Its Refining-Adjacent Businesses, by Laura Starks was published on ...
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Today’s octane economics

Because octane can seem confusing, consider a more familiar commodity, wine. Imagine you own a vineyard. You produce wine for ...
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Refining’s margin capture problem — here’s the hidden cause

A sore point in US refiners' 2021 earnings has been low "margin capture" rates. Margin capture refers to actual realized ...
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Hidden costs of Tier 3 gasoline hurt refiners’ gasoline production and profit margins

For the first time, US refiners are being challenged to meet the EPA's Tier 3 10-ppm sulfur gasoline specification while ...
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New gasoline specification is increasing gasoline prices

As gasoline demand increases, a new specification is increasing gasoline prices. The specification, called the Tier 3 Standard, limits gasoline ...
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