A recurring issue since 2016 under the Renewable Fuel Standard (RFS) has been EPA’s administration of the small refinery exemption (SRE) program. A court decision in the 5th District Circuit Court brought that topic back to the forefront, and will add more complexity, volatility, and uncertainty to the RFS moving forward with potential impacts to RINs values and marginal changes to the effective volume obligations in the 2024 or 2025 RFS compliance years. Under the RFS statute, all small refineries were exempted from complying with annual volume obligations from 2007 through 2010. The statute, the Energy Independence and Security Act of 2007, required the Department of Energy (DOE) to conduct a study as to whether the annual volume o...
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.
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...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
The hoary marmot (Marmota caligata) is a species of marmot that inhabits the mountains of northwest North America. Hoary marmots live near the tree line on slopes with grasses and forbs to eat and rocky areas for cover. It is the largest North American ground squirrel and is often nicknamed "th...