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2016 Mid-Year Meeting Session Topics

  Lunch Presentation: Roy Schumacher

We all watch crude oil prices because it is a major driver in our industry. Some of us monitor natural gas. But into today’s market, everyone is affected by so much more. Base Oil, VGO, VTAE, RFO, MDO and even propane are impacting your local markets. Add in the major supply/demand factors in the asphalt industry redefining markets and suddenly our markets have become much more complex.

This presentation will help shine a light on how our markets have changed and how important it is to understand and monitor all of the complexities in today’s market.

Morning Presentation by Lauren Pombar, J.P. Morgan 

Lauren will discuss high level themes in Commodities Risk Management, with a focus on various ways to mitigate price volatility. The presentation will utilize case studies and common practices for hedging price exposure. Lauren will also walk through key market indicators and drivers of price.

Lauren Pombar is an Executive Director on the Corporate Derivatives Marketing team at J.P.Morgan, with a focus on Commodities Risk Management for small-to-medium sized companies. In 11 years at J.P.Morgan, Lauren’s previous roles have included Corporate Foreign Exchange Derivatives and Institutional Foreign Exchange Sales. Lauren holds a BS in Finance from Lehigh University.

Session Topics

Space Heaters 
By one estimate, 17.3% of all used oil generated in the USA is being burned in space heaters. A member-led discussion will explore space heater issues including marketing claims and safety.

Congressional Bill Introduced about Used Oil
A bill was introduced in Congress on April 15 that would require the Secretary of Energy to submit to Congress a coordinated Federal strategy to increase the beneficial reuse of used lubricating oil. Attend the re-refining committee meeting to learn more about the bill and an update on the progress of the bill.

Newest Technology in Parts Cleaning
Two presentations will be made during the parts cleaning council meeting that will explore the newest technologies for water and solvent parts cleaning.

NORA's PCB/TSCA Reform Update
In late May, a major meeting between the EPA and NORA took place. The future of this important NORA project will be one of many updates that will be addressed during the used oil council.

Raising the Standards for Recycled Anti-freeze 
During the anti-freeze committee meeting, there will be a discussion about the potential development of new NORA Best Practices to raise the standards for recycling antifreeze.

POTWs Adding 'Feed Limits' to CWTs
A new trend being seen is POTWs adding front-end 'Feed Limits' on what their facilities can take. Some of the limits include benzene, metals or generally wastewater from landfill leachate and the oil & gas industry - regardless of the facility's ability to process it. This session will explore the magnitude of this threat and potential actions members can take.

Used Oil in Wastewater Becoming Problematic
As the value of used oil is declining, more used oil with high solids is ending up in wastewater streams. The challenge is that the volume of this oil is increasing while markets for it are decreasing.


 Click here to view the agenda for the Boston Mid-Year Meeting 

more Calendar

2/22/2017 » 2/24/2017
2017 NORA Winter Meeting

6/21/2017 » 6/23/2017
2017 NORA Mid-Year Meeting

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