There are some real eyeopeners looking at the Energy Information Administration’s (EIA) year-end 2019 data. The long-term outlook for gasoline/motor fuel and thus ethanol and biofuels will be impacted by the trends in the chart below. The bottom-line is that since 2005 when the RFS was originally put in place, petroleum demand has barely changed – and if anything dropped somewhat with the RFS until 2018. Meanwhile, domestic production continued to increase. But look specifically what happened in 2016 when the U.S. ban on crude oil exports was lifted – production increased and net imports dropped dramatically. The incentive for production, and the industry’s response to it, has sparked...
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.