What We Did On Our Summer Vacation
September 9, 2013
Well, the kids are back at school and we’re all back working away. The kids will be asked, “What did you do this summer?” Our kids will be writing about Disneyland, stand-up paddle boarding (coming nose to whiskers with sea lions), and surfing in Southern California.
We had a very full summer schedule at Stillwater and everyone was happy to get a long weekend in before the next round of projects. Mike Soares instructed the State of Rhode Island Office of Energy Resources on transportation energy assurance planning. Dave Bulfin guided a renewable fuels company to understand the fuel supply chain and how environmental regulations, like the Renewable Fuel Standard, are impacting the market. Leigh Noda was busy with supply and demand forecasts, as well as paying close attention to the development of the Low Carbon Fuel Standard and Cap & Trade. Leigh and Kim Barrett developed crude oil and product price forecasts for an electric utility and for a start-up technology company. Dave Freyman spent time looking at crude-by-rail projects and their economics. Dave Hackett has been providing litigation support to a client, while closely monitoring LCFS and RFS developments. The team continues to work with the RAND Corporation on its contract to audit the California Energy Commission’s Alternative and Renewable Fuel and Vehicle Program under AB118.
Stillwater has been retained by the University of Calgary School of Public Policy to help with a study on LNG. There are a number of LNG projects proposed for the West Coast of Canada. This study will be similar to the work we did for the School of Public Policy on crude oil.
We watched developments in Hawaii this summer and wish our friends at Par Petroleum all the best with the marketing and refining business they bought from Tesoro.
This fall the big policy issues we will be watching include the RFS, California’s LCFS, and LNG projects in both the lower 48 and in Canada.
Categories: Wisdom from the Downstream Wizard