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ADDITIONAL INSIGHT
Policy
⛴️ CARB Commercial Harbor Craft (CHC) Regulation Amendments – RD Headed Out to Sea
November 18, 2022
November 18, 2022 It seems like renewable diesel (RD) is on the radar of nearly everyone in the transportation industry these days. Typically, RD discussions center on California’s Low Carbon Fuel Standard (LCFS) and other LCFS style programs elsewhere which incentivize its use. Flying under the radar, however, is an upcoming regulatory implementation which will...
News
Refinery Maintenance Deferral: The Perfect Storm
November 8, 2022
In the wake of skyrocketing gasoline prices in California, refinery maintenance has been quite the hot topic. To dive right in, there are 4 types of refinery maintenance as defined by the U.S. Energy Information Administration (EIA): Planned refinery turnarounds – major maintenance or overhaul activities which occur on a set schedule Planned shutdowns –...
Policy
So Long BTC, Hello CFPC
November 7, 2022
Background The recently enacted federal Inflation Reduction Act (IRA)[1] includes the sunsetting of the Biomass-Based Diesel Blenders Tax Credit (BTC) at the end of 2024 and replaces it with the Section 45Z Clean Fuel Production Tax Credit (CFPC) defined in Section 13704 of the IRA. We have previously described how this new credit will work with...
News
What is Stillwater’s Brain Trust Thinking About, and How Can it Benefit You?
October 4, 2022
Stillwater’s greatest strength stems from our uniquely qualified team of experts. Call them OGs, The Big Brains, Senior Associates, Gurus; whatever you call them, they leverage decades of experience at major transportation fuel corporations to help clients navigate challenges with the highest level of industry knowledge, market analysis, policy insight, and emerging technology strategies. ...
Wisdom from the Downstream Wizard
As gas prices soar, Gov. Newsom could save California drivers $1 billion
September 29, 2022
Update: On September 30, 2022, at the direction of Gov. Newsom, the California Air Resources Board (CARB) issued a regulatory advisory allowing the sale or supply of gasoline in California that exceeds the Reid Vapor Pressure (RVP) limits in CARB’s gasoline regulations, from September 30 through October 2022. When gas prices spike in...
Policy
Inflation Reduction Act Sustainable Aviation Fuel Credit
September 7, 2022
Among the many incentives for renewable fuel production in the Inflation Reduction Act (IRA) is a new set of tax credits for sustainable aviation fuel (SAF). The IRA defines a two-phased approach to help meet the Biden administration’s goal of producing 3 billion gallons of SAF in the U.S. by 2030. The first two-year phase,...
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