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.
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    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.
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    Expertise

    Our experts come from long careers in the transportation energy industry. We see things others miss.
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    Industry Insights

      Policy

      Closing the Gap: California’s Transportation GHG Scorecard Against the 2022 Scoping Plan

      June 11, 2026

      This is the fifth and final article in a series examining California’s transportation-fuel progress toward the greenhouse gas (GHG) reduction targets set by the 2022 Scoping Plan. The series to date includes: Mind the Gap: Transportation Emissions vs. California’s 2022 Scoping Plan Pathway The Gasoline Gap: How California’s Biggest Emissions Source Is Falling Behind Diesel’s...
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      Policy

      Why BC and Canadian credit markets behave differently from California

      June 4, 2026

      The California Low Carbon Fuel Standard (CA-LCFS) is the most liquid and transparent low-carbon fuel (LCF) credit market in North America, and it is the natural reference point for generators operating under the British Columbia LCFS (BC-LCFS) or the Canadian Clean Fuel Regulations (CFR). The BC and Canadian markets share the same underlying program logic...
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      Policy

      Alberta’s Referendum on a Referendum and What It Means (or Doesn’t) for Fuel Markets

      June 2, 2026

      If you are watching the headlines about Alberta’s October 19, 2026 referendum from outside Canada, the question on your mind is probably narrower than the political coverage suggests: does this change anything about the Canadian fuel markets you sell into, buy from, or build investment cases around? That is the question I put to a...
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      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.

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        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.

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        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).

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