Published on Monday, December 18 2017
Authors: John Mayes and John Auers

Authors: John Mayes and John Auers Since the end of March, U.S. crude oil inventories have fallen by over 90 million barrels, equivalent to an average drawdown of almost 370 MBPD.  This has happened despite a continuing rebound in U.S. domestic production, which has increased by about 700 MBPD over…

Published on Tuesday, December 12 2017
Authors: Robert Auers and John Auers

By Robert Auers and John Auers Last week we discussed Renewable Identification Number (RIN) prices and the growing prominence of Renewable Fuel Standard (RFS) compliance costs in refiners’ earnings reports.  This has been a subject very much in the news in recent days, even leading to a meeting at the…