Last Thursday at a hearing of the House Energy and Commerce Committee, the EPA Administrator said that a decision on how EPA would review and grant small refinery exemptions (SREs) would come within “days, not weeks.” The clock is ticking. The review is being driven by a decision of the 10th Circuit Federal Court of Appeals in Denver which ruled that EPA went beyond its authority in granting three different small refinery exemptions (SREs) in 2016 and 2017. As we reported on 28 January… Under the decision, the Court ruled that none of the three refineries consistently received an SRE prior to their 2016 exemption petitions, so the EPA had exceeded its authority to grant extensions of the SREs “b...
Veterans Day offers a moment to pause and recognize the people behind the uniform. To all who have served and the families who have supported them, thank you for your dedication, courage and sacrifice. Markets had plenty of headlines to digest today, and grains offered some encouraging follow-t...
Key Takeaways: The recent pullback in crude oil and other energy markets has left many in the ag and biofuels communities wondering what it means for ethanol and biodiesel prices and profit margins. WPI’s research indicates a weak but still significant link between ethanol and crud...
Key Takeaways: Alabama and Louisiana have requested partial waivers of 2027 Renewable Fuel Standard (RFS) requirements, arguing that rising compliance costs are contributing to higher fuel prices and economic hardship. Louisiana Governor Jeff Landry is encouraging neighboring states to join th...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.