Locator: 46356B.
WTI: $74.86. Saudi and Iran found a way to move prices higher.
Thursday, December 21, 2023: 30 for the month; 179 for the quarter, 749 for the year
39229, conf, Grayson Mill, Reidle 6-3F 1H,
39698, conf, WPX, North John Elk 28-27HB,
39552, conf, Five States Operating, RH 1-8H,
39230, conf, Grayson Mill, Reidle 6-3F 2H,
39027, conf, Hess, GO-Golden-Valley-LW-157-96-2832H-1,
38257, conf, Hess, EN-State B-155-93-0916H-10,
RBN Energy: high cost of gasoline sulfur specification tests refiners analysts.
The price of the Tier 3 gasoline sulfur credit hit $3,600 in October, up by a factor of 10 since 2022 and roughly in line with the all-time high reached in 2019. The high price of this important credit is a direct indicator of the true cost of compliance with the Environmental Protection Agency’s (EPA) Tier 3 gasoline sulfur standard and has raised some alarm recently in refining and financial circles. In today’s RBN blog, we give some specific examples of how refiners and investment analysts are reacting.
**********************************
Great Memories
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.