Published on Tuesday, March 28 2017
Authors: John Auers

By:  John Auers As in any industry, economic prospects for refiners depend on both supply and demand developments.  On the demand side, refiners are dependent on market developments over which they have little control – economic growth, competition from alternatives, efficiency improvements, government policy, etc.  On the supply side, refinery…

Published on Tuesday, March 7 2017
Authors: John Mayes and John Auers

By John Mayes and John Auers Government programs can often be very confusing and arbitrary and what’s worse, they can sometimes change at the whim of policymakers.   For refiners, there is perhaps no rule which has exemplified these qualities more than the Renewable Fuel Standard (RFS).  The program, created by…

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