Author Archives for Rebekah Singh

The California Oil Spill – What’s Next?

October 20, 2021 5:04 pm Published by Comments Off on The California Oil Spill – What’s Next?

October 20, 2021 By Nick Griffith We here in Southern California are experiencing our first significant offshore oil spill in some time. It now appears that crude oil, estimated to be about 600 barrels (or about 25,000 gallons), escaped from a fracture in the San Pedro Bay Pipeline which connects Outer Continental Shelf (OCS) Platform Elly to Long Beach. Investigations and surveys continue during the cleanup efforts, after which we should know the range of...
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The Social Cost of Carbon Part 2: Values Used Around the World & What it Costs to Reduce Carbon in California’s Diesel Pool

October 19, 2021 5:12 pm Published by Comments Off on The Social Cost of Carbon Part 2: Values Used Around the World & What it Costs to Reduce Carbon in California’s Diesel Pool

October 19, 2021 By Jim Mladenik  Stillwater’s first article on the social cost of carbon (SCC) defined the term and covered how the U.S. estimates the cost of climate change. In that article we also pointed out the fact that the U.S. federal government has used numbers varying from $41 per metric ton (MT) under the...
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The Cost of the RFS on Refiners and Crack Spread Growth

October 1, 2021 3:29 pm Published by Comments Off on The Cost of the RFS on Refiners and Crack Spread Growth

September 30, 2021 By Leigh Noda What is RVO and how is it applied?  The Renewable Volume Obligation (RVO) on suppliers (refiners and importers) is the U.S. federal Renewable Fuel Standard (RFS) mechanism that creates the obligation to acquire and retire renewable identification numbers (RINs). For each calendar year, an RVO percentage (RVO%) is developed by the U.S. Environmental Protection Agency (EPA) through a rulemaking process. The RVO% is...
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Where Will All of the Renewable Diesel Go?

August 11, 2021 5:09 pm Published by Comments Off on Where Will All of the Renewable Diesel Go?

August 1, 2021 By Jim Mladenik, Olivier Macé, and Kendra Seymour The many announcements in the past months of projects to modify refinery and existing facilities to produce renewable diesel (RD) has caused many observers to ask two questions:  Where will all the feedstocks come from?  Where will all the RD go?  The first of these questions is addressed in a series of monthly highlights in...
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Flash Report: 1Q2021 LCFS Data Show 259,301 MT Draw in the Credit Bank

August 4, 2021 10:49 am Published by Comments Off on Flash Report: 1Q2021 LCFS Data Show 259,301 MT Draw in the Credit Bank

August 2, 2021 On Friday afternoon, July 30th, CARB posted the first quarter 2021 data for the LCFS program. The 1Q2021 report gives us insight into the credit bank situation for a full year following COVID-19 stay-at-home orders. In today’s flash report, we offer a quick look at the first quarter data. Our comprehensive analysis...
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Changes to 45Q US Tax to Drive a New Wave of CCS Projects

June 16, 2021 9:00 am Published by Comments Off on Changes to 45Q US Tax to Drive a New Wave of CCS Projects

June 16, 2021 By Vaughn Hulleman Of the technologies which will help to achieve energy transition goals, carbon capture and storage (CCS) is technically proven, has a long history of use in the oil industry, and yet has had little impact on atmospheric CO2 emissions. The U.S. began incentives for CCS in 2008, with the...
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Stillwater’s Projected Costs of the Approved HB 1091 Clean Fuels Standard

June 15, 2021 6:16 pm Published by Comments Off on Stillwater’s Projected Costs of the Approved HB 1091 Clean Fuels Standard

June 15, 2021 The Washington Clean Fuel Standard (CFS) has been signed into law, but the details of program implementation have not yet been developed by the state’s Department of Ecology (DOE). As such, its costs can currently only be estimated by comparing the Washington CFS legislation to the three existing LCFS-type programs in California,...
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Comparing LCFS Credit Trades and Pricing Between LCFS Programs

June 14, 2021 6:36 pm Published by Comments Off on Comparing LCFS Credit Trades and Pricing Between LCFS Programs

June 14, 2021 By Jim Mladenik  Stillwater’s Low Carbon Fuel Standard (LCFS) team has closely monitored the trends in the LCFS market in California from its inception a decade ago. As other LCFS-style programs are proposed and implemented in additional jurisdictions, we track trends in these nascent markets as well. After browsing recent data released by British Columbia (BC)...
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What does California’s “full reopening” mean for fuels markets? 

June 15, 2021 9:00 am Published by Comments Off on What does California’s “full reopening” mean for fuels markets? 

June 15, 2021 By Dave Hackett  It’s been a weird, rough year for everyone, hasn’t it? As the world begins to return to the “new normal,” lots of folks are wondering what, exactly, that will look like. In our area of expertise, we’ve received a number of questions from clients and reporters pondering the potential economic impact of California’s “full reopening” today, June...
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Taxes and fees drive California’s high diesel prices

May 10, 2021 10:16 pm Published by Comments Off on Taxes and fees drive California’s high diesel prices

May 10, 2021 by Leigh Noda Back in February, we published an article about the factors contributing to the price of gasoline in California. We concluded that, contrary to what some may claim, GHG-reduction programs and taxes on petroleum fuels have a cost, and these costs are passed through to consumers. That first article focused...
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Net Zero – A view from Across the Pond

May 10, 2021 3:38 pm Published by Comments Off on Net Zero – A view from Across the Pond

May 10, 2021 By Olivier (Olly) Macé Over the coming months, Stillwater plans to publish a series of articles highlighting potential paths to Net Zero here in the U.S. and globally. We kick off this series with an article from one of our newest Senior Associates who lives in England. Greetings from old Europe, where...
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Flash Report: 4Q2020 LCFS Data Show 374,000 MT Build in the Credit Bank

April 30, 2021 9:02 pm Published by Comments Off on Flash Report: 4Q2020 LCFS Data Show 374,000 MT Build in the Credit Bank

April 30, 2021 This afternoon, CARB posted the fourth quarter 2020 data for the LCFS program. The 4Q2020 report gives us insight into the credit bank situation for the nine months following COVID-19 stay-at-home orders. In today’s flash report, we offer a quick look at the fourth quarter data. Our comprehensive analysis will be published...
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Flash Report: Washington Legislature Passes Clean Fuel Standard

April 26, 2021 3:10 pm Published by Comments Off on Flash Report: Washington Legislature Passes Clean Fuel Standard

  April 26, 2021  Over the weekend, the Washington State Legislature passed HB 1091, the state’s Clean Fuel Standard. The bill is now on Governor Jay Inslee’s desk awaiting signature. Assuming Governor Inslee signs the legislation, which is all but certain, Washington will join California, Oregon, and British Columbia as states/provinces on the West Coast to enact LCFS style programs that mandate the reduction of carbon...
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