Our Experience Runs Deep

Stillwater Associates leverage decades of experience at major oil corporations to help clients navigate the challenges with the highest level of industry knowledge, market analysis, policy insight, and emerging technology strategies.

NAVIGATE MARKETS WITH TRANSPORTATION FUELS EXPERTISE

Products, Services, and Expertise 

    Providing an understanding of how fuels get from the source to the retail station is just the beginning. Stillwater’s products and services deliver the detailed analysis our clients need to create competitive advantage.

    Products

    Stillwater offers subscription services with the market information and analysis required to successfully navigate the transportation energy transition.
    View Products

    Services

    Stillwater provides Strategy & Economics, Policy, M&A, and Litigation Support consulting services for clients who need in-depth, expert analysis to guide their decisions.
    View Services

    Expertise

    Our experts come from long careers in the transportation energy industry. We see things others miss.
    Learn About Us

    Industry Insights

      Economics

      Diesel’s GHG Reduction Success Story: How California’s Second-Biggest Transportation Fuel Emissions Source Is Ahead of Schedule

      April 7, 2026

      This is the third in a series of articles examining California’s transportation fuels progress toward the greenhouse gas (GHG) reduction targets set by the 2022 Scoping Plan. The first article – Mind the Gap: Transportation Emissions vs. California’s 2022 Scoping Plan Pathway – provided background and an overview of how the transportation sector has performed...
      Read More

      Economics

      SAF Accounting, SAF Registries, and the “Truth” of the Market

      April 2, 2026

      A fragmented registry landscape, unresolved ESG reporting questions, and a persistent gap between intent and integrity – can the voluntary SAF market build the trust it needs to scale? This is the second article in a three-part series. You can view the first article here: Beyond regulation: navigating the global voluntary market for SAF The...
      Read More

      Policy

      No Joke: New Mexico’s Clean Transportation Fuel Standard Goes Live Today!

      April 1, 2026

      On April 1, 2026, New Mexico becomes the fourth state in the U.S. and the first state outside the Pacific coast to implement a low carbon fuel standard. The Clean Transportation Fuels Program (CTFP) marks a significant expansion of the regulatory model pioneered by California, Oregon, Washington, and British Columbia into a new region with...
      Read More
      No results found.
      View All Insights

      Featured Experts

        Our associates leverage decades of experience to help clients navigate challenges with the highest level of industry knowledge, strategic thinking, operational and market expertise, and policy insight.

        David Hackett

        Chairman of the Board

        With more than 30 years of experience in the downstream oil business, Dave has built a team of industry professionals who are skilled at creating value for our clients.

        VIEW EXPERT BIOGRAPHY

        Megan Boutwell

        President

        As Stillwater’s President, Megan Boutwell is responsible for promoting Stillwater Associates as the leading experts on transportation fuels issues. Megan directs business operations and implements growth management within the company.

        VIEW EXPERT BIOGRAPHY

        Dr. Adam Schubert

        Senior Associate

        Adam joined Stillwater in 2018 following a 33-year career with ARCO, BP, and Butamax (a joint venture of BP and DuPont).

        VIEW EXPERT BIOGRAPHY
        No results found.
        View All Associates

        Download Statement of Qualifications