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Here’s how to reduce RIN costs by 25%
By Hoekstra Trading LLC |
On December 14, 2021, Hoekstra Trading notified our clients of a RIN credit spread trading opportunity which is indicated by ...
Read More RIN Fundamentals — 20 FAQs
By Hoekstra Trading LLC |
What is the purpose of a RIN? It is to force more renewables into fuels. How does it accomplish this? ...
Read More Secretary of Energy, oil CEOs discuss relaxing sulfur specs?
By Hoekstra Trading LLC |
In Valero Energy's earnings conference call yesterday, analyst Jason Gabelman asked about the June 23, 2022 meeting between refining executives ...
Read More A RIN is a tax and a subsidy that forces renewables into fuels Part 4 – A new perspective on RINs – the tax-subsidy interpretation
By Hoekstra Trading LLC |
Summary This is a four-part blog series describing the renewable identification number (RIN) as a tax (part 1) and a ...
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 Capturing RIN trading profits by theoretical price modeling
By Hoekstra Trading LLC |
On December 14, 2021, Hoekstra Trading notified our clients of a RIN credit spread trading opportunity which is indicated by ...
Read More When are two catalysts really different?
By Hoekstra Trading LLC |
When testing catalysts, we always dedicate one of the four reactors to a reference catalyst sample, to determine the margin ...
Read More An update on the MPC-PSX stock price spread
By Hoekstra Trading LLC |
Six weeks ago, this comparison of Marathon Petroleum Corp (MPC - green) and Phillips 66 (PSX -red) 2021 stock price ...
Read More Stretching catalyst performance claims
By Hoekstra Trading LLC |
One reason refiners want independent catalyst testing is they sometimes get burned by exaggerated vendor claims on catalyst performance. Here ...
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