Search results
Results from the WOW.Com Content Network
California's attempt to manage a smooth transition away from gasoline just got roughed up with this week's decision by Phillips 66 to shutter its refinery in Wilmington next year, wiping out more ...
Energy portal; Crack spread is a term used on the oil industry and futures trading for the differential between the price of crude oil and petroleum products extracted from it. . The spread approximates the profit margin that an oil refinery can expect to make by "cracking" the long-chain hydrocarbons of crude oil into useful shorter-chain petroleum produc
When it comes to the domestic ethanol industry, there are two keys to profitability. One is demand, which is determined by just how much of this alternative corn-based fuel is being mixed with the ...
Similarly, whereas selling any fuel containing more than 10% ethanol is currently illegal in some states, this is rapidly changing. For example, Florida proposed changing state law to permit the sale of alternative fuels such as E85 at an October 7, 2005 meeting, and held public hearings on October 24. Before higher level blends of ethanol were ...
A crush spread is a commodity trading strategy in which the trader takes a long position in soybean futures against short positions in soybean meal futures and soybean oil futures to establish a processing margin. [1] Soybeans are processed into two products—meal and oil—through a process called “crushing”, which is where the term stems ...
More: EPA proposes allowing year-round sale of cheaper, higher-ethanol gas blends in Wisconsin and seven other states. Technology that goes beyond ethanol. ClonBio is the third owner of the ...
Californian Governor Arnold Schwarzenegger issued Executive Order S-1-07 on January 19, 2007, to enact a low-carbon fuel standard (LCFS). [14] [15] The LCFS requires oil refineries and distributors to ensure that the mix of fuel they sell in the Californian market meets the established declining targets for greenhouse gas (GHG) emissions measured in CO 2-equivalent grams per unit of fuel ...
The issue could hurt the biofuel industry, which sees SAF as ethanol’s best chance at growth since electric cars have cut into its market as a gasoline additive. Little to no ethanol will ...