E15 and SREs Yesterday the EPA submitted its proposal for year-round E15 use to the Office of Management and Budget (OMB) for sign-off. As noted here on Friday, a quick timeline for approval could be 75 days, which is slightly less than the number of days before the 1 June start of the summer driving season. Thus, the countdown is underway, and the rule will be out as early as next week. As also reported then, the petroleum industry is likely to challenge the EPA waiver in court, but legislation has been introduced in the Senate that would address the justification for that move (click here). Meanwhile, the EPA has updated information on the petitions received for small refinery exemptions (SREs) for compliance year 2018, which rais...
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.