Last week, Representative Cheri Bustos (D-Illinois) introduced the Next Generation Fuels Act. The legislation would establish a new 98 octane standard for gasoline and would require that octane sources in motor fuel result in at least a 30 percent reduction in greenhouse gas (GHG) emissions compared to unblended gasoline. This idea has been floating around since 2018 when the House Energy and Commerce Subcommittee on the Environment held a hearing in April of that year regarding how high-octane fuels (HOF) could replace the RFS. In November of 2018, during the lame duck session of the 115th Congress, representatives John Shimkus (R-Illinois), who has spent the past few years working on an RFS reform plan that all sides could accept,...
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.