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OPIS Blog

A closer look at key topics in the downstream oil and energy industry.

Renewables

Historic Highs for PJM REC Prices Driven by Soaring Demand and Slow Queues

A tangle of factors pushed prices for renewable energy certificates serving the PJM Interconnection to historic highs in Q2

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Renewables

Europe Needs Inflation Reduction Act-Like Scheme to Keep Solar Dream Alive

Europe is running out of time to implement a large-scale support scheme, comparable with the U.S. Inflation Reduction Act

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Carbon

Three Idle UK, French Plants Allocated $127 Million in Free Carbon Permits

Three European facilities operated by Saudi Arabian chemical giant SABIC, U.K. conglomerate INEOS and French oil major

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Rack Market, Carbon

Cap and Trade Costs at the Rack: The Basics for Fuel Buyers

“Cap and trade” is a regulation designed to reduce greenhouse gases by setting a firm limit – or cap – on emissions.

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Renewables, Gas & Diesel

What Is California’s Crude CI Deficit & How Does It Affect Fuel Prices?

California this year added a new layer of compliance costs under its Low Carbon Fuel Standard (LCFS) program, forcing

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Petrochemical

Asia Remains Key to U.S. Polyethylene Industry’s Export Strategy

US polyethylene producers have a domestic demand problem, with year-to-date sales to North American customers off nearly 9%,

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