by Matthew J Stephens, Economic Engineering Manager | Apr 16, 2021
Fuels demand projected to increase, although less than 2019 The US Government’s Energy Information Administration (EIA) released their take on how gasoline and diesel demand might recover in their Short Term Energy Outlook (STEO) this week. The forecast shows that...
by Matthew J Stephens, Economic Engineering Manager | Mar 16, 2021
Vaxications, a Texas Deep Freeze, and Summer Driving Season – finally a booster shot for refining margins? Last time I wrote (January of this year) we were in the midst of the second wave of Covid-19 in many places around the world and things were not looking so great...
by Matthew J Stephens, Economic Engineering Manager | Jan 14, 2021
With higher refined product prices, conversion margins improve Despite a new and more severe wave of Covid-19 and its restrictions, product prices and demand have been surprisingly resilient. We have seen diesel and gasoline cracks hold up nicely over the last few...
by Matthew J Stephens, Economic Engineering Manager | Dec 9, 2020
Distillate production back in favor, but will it reverse again before the winter is over? As you may recall, I wrote about distillate pricing relative to gasoline (a large determinant of refining operating strategy) a couple months back. At that time, we had finally...
by Aaron Durke, Product Team Lead | Dec 1, 2020
As industry increasingly recognizes the benefits of artificial intelligence (AI), companies are seeking how to best fit AI into their business strategy. AI, however, is relatively young and the extensive benefits it provides demand creative solutions to unique...
by Matthew J Stephens, Economic Engineering Manager | Nov 6, 2020
Second wave of COVID increases risk for already challenged refiners Over the last several weeks, we have once again seen COVID-19 cases in the US (and globally) rise significantly. In the initial stages of the outbreak the primary tool that governments had to address...
