On 28 April, the Environmental Protection Agency (EPA) granted a waiver for the use of E15 during the 2023 summer driving season, which is 1 June - 15 September. This is under the same regulatory authority as was used in 2022 to address an emergency fuel situation. The Clean Air Act allows EPA, in consultation with the Department of Energy (DOE), to temporarily waive certain fuel requirements to address shortages. In April of 2022, the Biden EPA issued a one-year emergency waiver to allow year-round E15 to reduce retail gasoline prices. That waiver was in response to supply chain disruptions, the war in Ukraine, and other factors leading to higher fuel prices at the pump. With this waiver, based on the war in Ukraine, EPA dete...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.