Economics and Planning Analyst
11 hours ago
Location: Toledo, OH
Employment Type: Full-time, on-site
Compensation: $125K, with a 15% bonus.
Company Summary
Our organization is a leader in the energy and refining industry, delivering high-quality fuels and products while prioritizing innovation and operational excellence. We are dedicated to meeting global energy demands through efficient operations and sustainable practices. With a strong focus on collaboration and growth, we provide employees with opportunities to make an impactful contribution in a dynamic industry.
Position Summary
The Economics and Planning Analyst/Senior Analyst will play a key role in optimizing gasoline blending, analyzing lost profit opportunities, and supporting economic planning activities. This position requires a blend of technical expertise, economic modeling skills, and cross-functional collaboration to support refinery operations and drive strategic decision-making. The ideal candidate will be highly analytical, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.
Key Responsibilities
Gasoline Blending Optimization
- Develop and produce optimal blend schedules and recipes for gasoline product blending.
- Use, maintain, and advance the gasoline LP model for planning, economic evaluations, and predictive calculations.
- Monitor and update gasoline production rates and inventories to meet pipeline schedules.
- Provide pricing insights and strategic guidance for gasoline blending operations.
- Evaluate and select refinery operating modes to optimize blending performance.
- Address gasoline quality variances and coordinate changes in production with Operations, Technical, Commercial, and Logistics teams.
- Review refinery performance to improve predictive capabilities and develop action plans for gasoline blending improvements.
- Calculate oil flow impacts of lost profit opportunities and propose solutions.
- Assist in the preparation of short- and long-term oil flow plans to evaluate economic and operational impacts across refinery and commercial scenarios.
- Provide data for clean fuels compliance reporting on a quarterly and annual basis.
- Participate in the development and improvement of gasoline blending tools and processes as part of the Gasoline Blending Best Practice team.
- Act as a backfill for key roles, including Economics and Planning Economist and Crude/Product Planner.
- Provide daily clean fuel rate and intermediate build/draw projections to support refinery operations.
- Work closely with Operations, Logistics, Commercial, and Technical teams to align production priorities and strategies.
- Bachelor's Degree in Engineering, preferably Chemical Engineering.
- Minimum of 2 years of experience in refinery operations or a related field.
- Fundamental knowledge of refinery flow and unit interactions.
- Proficiency with PI Data Acquisition systems and strong PC skills.
- Preferred experience in gasoline blending processes and economic evaluations.
- Strong numerical and data analysis skills with the ability to translate insights into actionable business applications.
- Demonstrated ability to multitask and manage changing priorities effectively.
- Direct experience with gasoline blending optimization and LP modeling.
- Familiarity with compliance reporting requirements for clean fuels.
- Excellent communication skills to collaborate across functional teams.
- Collaborate with a highly skilled and innovative team in the energy industry.
- Contribute to impactful projects that optimize refinery operations and drive profitability.
- Grow your career in a dynamic and fast-paced environment with opportunities for advancement.
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