The EPA’s proposed rule on year-round E15 use is presently at the Office of Management and Budget (OMB). The administration has promised to have it in place by 1 June, which is Saturday. Therefore, the market should expect the rule this week. As WPI has previously noted, the new rule is likely to be greeted by a court challenge from the petroleum industry and retailers have been reluctant to make investments in infrastructure to store and dispense E15 given the legal and regulatory uncertainty that is limiting short term market impact of the rule. Before leaving for his state visit to Japan on 23 May, President Trump called the summer ban on E15 “ridiculous” and further stated, "We increased it to E15. That's treme...
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
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.