Topics

Making Sense of Last-In, First-Out (LIFO) and We Aren’t Talking About Your Work Schedule

As policymakers debate fiscal issues, including deficit reduction efforts, some have called for a retroactive repeal of the “last-in, first-out,” (LIFO) an inventory accounting method used by nearly 40 percent of U.S. businesses.

/ July 22, 2014

No Virginia, the Obama Administration didn’t just legalize crude oil exports

Contrary to many highly misleading media reports (See here, here, and here) the Obama Administration did not just unilaterally undo several laws that have been on the books for decades, to allow the unfettered export of US crude oil. It’s...

/ July 21, 2014

A Cautionary Tale – GHG NSPS Not Just for Utilities

Some in the refining industry breathed a sigh of relief when the Obama Administration signaled earlier this year that they would not propose a refinery greenhouse gas New Source Performance Standard (NSPS) while they were in office. In addition, environmental...

/ July 17, 2014

Fact check: Correcting Errors in Misleading RFA Report on the Oil Industry’s Influence on E15 and E85

We’ve taken a close look at a report by the Renewable Fuel Association (RFA), which blames the oil industry for E15 and E85’s failure to penetrate the market. Not surprising, but the report gets more than a few things wrong.  

/ July 15, 2014