EPRINC Issues Report on Technical Constraints and Cost Risks to the Renewable Fuel Standard

Max Pyziur and Lucian Pugliaresi on Technical Constraints and Cost Risks from the Renewable Fuel Standard

Under US law, increased volumes of biofuels must be blended into gasoline and diesel fuels. A variety of factors, including future demand for transportation fuels, falling crude oil prices and technological constraints, are all providing new challenges to successfully implementing the biofuel mandate.

This EPRINC assessment demonstrates that the RFS (Renewable Fuel Standard) requirements create considerable long-term costs, risks, and uncertainties to fuel producers, and are likely to raise transportation fuel costs substantially.

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Presentations from EPA’s November 12 Brown Bag Lunch and the 2014 Condensate and Naphtha Forum

Posted below are two recent presentations by Lou Pugliaresi and Trisha Curtis.  Lou presented on the potential for and uncertainties surround U.S. condensate exports at the 2014 Condensates and Naphtha Forum in Doha, Qatar.

Trisha presented before EPA staff at the Agency’s Brown Bag lunch on November 12.  Her presentations addressed the background and fundamental issues of crude oil by rail shipments in the United States.

 

Natural Gas Industry Fakes the Moon Landing

Three recent articles from the New York Times: “Behind Veneer, Doubt on Future of Natural Gas,” “S.E.C Shift Leads to Worries of Overestimation of Reserves,” and “Insiders Sound an Alarm Amid a Natural Gas Rush” have created considerable attention and commentary throughout the petroleum industry.  A central theme in all of the articles is that the natural gas industry, investors, and policy makers have failed to understand the risky nature of the underlying fundamentals now underway in the domestic natural gas industry.  Claims are also made that some in the industry have purposely misled the public on the potential of natural gas as a “game changer” in the U.S. fuel mix.

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Presentation Before the Energy Forum

On February 22, 2010 EPRINC made a presentation before the Energy Forum in New York at their event entitled “U.S. Refining Industry – Prospects for the Future.”  EPRINC’s presentation, which assesses the impact of the Waxman-Markey cap and trade bill and other environmental and energy policies on the U.S. refining industry, has been posted on our website and can be downloaded here.

The presentation will also be posted at http://www.nyenergyforum.org

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