It has been a tough year for the ethanol industry. Volatile corn markets, EPA’s delay until the last minute on granting a year-round waiver for E15 that effectively prevented the market from taking advantage, and, of course, the small refinery waivers. But, another factor has been the reduced pace of petroleum refinery operations, which has slowed down the opportunity to blend ethanol. Petroleum refinery runs, have increased each year since 2009, and reached a record in 2018, averaging 17.3 million barrels per day (bpd). However, through the first half of 2019 and the forecast for the rest of the year, the Energy Information Administration (EIA) is projecting refinery runs to average 17 million bpd, desp...
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
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The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.