Find out how OPIS will handle Cap-and-Trade regulations.
On August 1, 2014, OPIS began providing price discovery for the California carbon market in its U.S. West Coast Spot Market Report, estimating the impact of the state's cap-and-trade regulations on transportation fuels delivered at the rack level. This includes daily price discovery for California Carbon Allowances (CCA) and a daily California Cap-at-the-Rack (CAR) assessment. On October 1, 2014, OPIS began publishing CAR price assessments for gasoline, diesel fuel and biodiesel in the OPIS California Rack Reports.
Click here to view the updated list of how OPIS will reflect the assessed costs associated with cap-and-trade by individual supplier. Reflections will be assumptions used in the adjusted OPIS Rack Reports.
OPIS Client Letters
Click on the dates below to view the letters sent out to OPIS customers with updates on how OPIS Reports might change.
Click here to view the OPIS Methodology for assessing CCA values and calculating CAR values.
December 12, 2014: Explaining the OPIS Pricing Methodology
Download this updated presentation that explains finalized OPIS methodology changes.
September 9, 2014: Understanding the Rack Price Impact of California's Carbon Cap: How the changes will affect your OPIS report
Download the webinar recording and presentations that explain how OPIS proposes to show CCA and CAR values.
Questions? Contact us:
Tanya Lee, Director of Wholesale Business Development, OPIS
Lisa Street, Senior Editor, U.S. West Coast, OPIS
OPIS Customer Service