In April, the Biden Administration’s EPA announced that it would provide a temporary waiver for year-round E15 (see WPI’s article about the immediate market reaction here, and a breakdown of the actual impact here). In the end, the waiver adds about 107 days of more demand for E15 in 2022. A more permanent waiver is likely coming to at least eight states, however. A bipartisan group of governors from Iowa, Illinois, Kansas, Minnesota, Nebraska, North Dakota, South Dakota, and Wisconsin has petitioned EPA for a year-round E15 waiver for their states if it can be demonstrated that such a move would improve air quality. Thus, the states have submitted a study to that effect and are asking that the 1 pound per square inch (PSI) Rei...
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.