The EPA has promised to have the waiver to allow year-round E15 use in place by the beginning of the summer driving season (1 June-15 September), which is when it is restricted under current regulations. An agency spokeswoman confirmed on 15 May that “EPA will finalize the rule before the start of summer driving season.” This means the new rule must be issued within the next 10 days. Seasonally, April-September is the high demand period for motor fuel. The latest forecast of fuel ethanol blending during those months in 2019 is 970,000 barrels/day, up 19,000 barrels/day versus 2018. That is a marginal increase of about 146 million gallons, which would roughly be 90-110 million gallons over the summer driving season. That forecas...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.