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ADDITIONAL INSIGHT
Policy
Flash Report: 2Q2019 LCFS Data Show Slowing Drawdown of Credit Bank
November 4, 2019
On October 31st, CARB posted the second quarter of 2019 data for the LCFS program. In today’s flash report, we offer a quick look at the data. Our comprehensive analysis will be published in Stillwater’s Quarterly LCFS Newsletter which is scheduled to be published on November 14th. The second quarter data show credits growing more...
White Papers
CORSIA – How are we going to police international aviation emissions?
October 24, 2019
As we explained in our CORSIA 101 article a few months back, the goal of CORSIA – the International Civil Aviation Organization’s (ICAO) carbon offsetting and reduction scheme for international aviation – is to cap carbon emissions from international aviation at 2020 levels. In many ways, this United Nations effort to reduce emissions in the...
Wisdom from the Downstream Wizard
The Ultimate E-Ticket: California Gasoline Prices*
October 22, 2019
On Monday, October 21, my friends at the California Energy Commission (CEC) released “Additional Analysis on Gasoline Prices in California.” This report is a follow-on to a May 2019 report that had been requested by Governor Gavin Newsom. Both reports examine why California gasoline prices are higher than the rest of the country. These works...
White Papers
How Accurate are VMT Estimates?
October 5, 2019
October 15, 2019 By Gary Yowell Estimating vehicle miles traveled (VMT) has important implications for analyzing and forecasting transportation fuel use and carbon dioxide CO2 emissions. VMT estimates are frequently used as the foundation for transportation fuel use analyses and forecasts. This practice should be carefully examined, especially given the four widely varying VMT estimates...
White Papers
Where were you when Saudi Aramco was attacked?
September 26, 2019
The recent bombing of the Saudi Arabian Abqaiq gas-oil separation processing plant on September 14th sparked a frenzy of conversations among oil and gas professionals. Wall Street wanted to know how this geopolitical event would affect the price of crude oil, whether it would become a macroeconomic nightmare for the demand and supply balance of...
Wisdom from the Downstream Wizard
Why Aren’t Refiners Recovering Stationary Source Cap & Trade Costs?
September 20, 2019
“The more things change, the more they stay the same.” I’m sitting here on a Friday afternoon, contemplating just how true that old adage is. More than 25 years ago, before Stillwater was launched and before the ExxonMobil merger, I was with Mobil West Coast Supply in Long Beach working with many of the same...
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