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The MPC-PSX Stock Price Spread – Update Number Six
By Hoekstra Trading LLC |
Since 2021, I have tracked and reported on the relative performance of Marathon Petroleum (MPC, green) and Phillips 66 (PSX, ...
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RINatomy Part 6 – The RIN As A Nested Structure
By Hoekstra Trading LLC |
The Renewable Identification Number (RIN) is a nested structure. Anatomy noun, anat·o·my ə-ˈna-tə-mē a study of the structure or inner ...
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RINatomy Part 4 – The RIN As An Asset
By Hoekstra Trading LLC |
A Renewable Identification Number (RIN), in addition to being a subsidy, a tax, and a mandate, is a financial asset. ...
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RINatomy Part 3 – The RIN As A Mandate
By Hoekstra Trading LLC |
RINs come in different categories, some of which have associated with them a mandated annual volume of biofuel that, by ...
Read More Welcome to the Future – Part 3, With Tier 3 Costs Sky-High, U.S. Refiners Consider Investments, Alternatives
By Hoekstra Trading LLC |
When the price of the Tier 3 sulfur credit hit a new high of $3,600 in October 2023, this tradable ...
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RINatomy Part 2 – The RIN As A Tax
By Hoekstra Trading LLC |
A Renewable Identification Number (RIN) is an environmental credit that is part of a price control system that manipulates the ...
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RINatomy Part 1 – The RIN As A Subsidy
By Hoekstra Trading LLC |
A Renewable Identification Number (RIN) is a part of the price control system that manipulates the prices of fuel components ...
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RINs And Stock Prices – Are They Connected?
By Hoekstra Trading LLC |
The current renewable diesel boom was triggered by $billions of investment whose financial success relies on government mandates, credits, and ...
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Renewable Diesel In The News – Part 4, Critique Of The C-Suites
By Hoekstra Trading LLC |
This is Part 4 of a four-part series reviewing my notes from a December 15, 2023 presentation made by Scott ...
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Renewable Diesel In The News – Part 3, A Renewable Wreckoning?
By Hoekstra Trading LLC |
This is Part 3 of a 4-part series reviewing my notes from a December 15, 2023 presentation made by Scott ...
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