The RINs market reacted to a news story that EPA was planning on being stingy with future small refinery exemptions (SREs). That speculation was addressed by Administrator Wheeler at a House Energy and Commerce Committee hearing yesterday. Wheeler said no decisions have been made about the SRE process, and he was reluctant to make comments that could have market implications for RINs trading. According to Wheeler, We are currently reviewing, along with attorneys, how to best implement that decision and that, of course, goes to the heart of the small refinery exemption program. In January, the 10th Circuit Federal Court of Appeals in Denver ruled that EPA went beyond its authority in granting three different small refine...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.