What’s New
Pandemic Underscores Importance of Proper Cyber Approach for Fuels and Petrochemicals
“Information security is the immune system in the body of business.” This cybersecurity saying has gained new weight in 2020, with the COVID-19 pandemic reinforcing the need for cybersecurity to be robust, flexible and agile—just like a healthy immune system.
Ohio Mayors Are Right to Seek RFS Relief for Refineries
Toledo, Ohio, Mayor Wade Kapszukiewicz and Oregon, Ohio, Mayor Mike Seferian have appealed to the Environmental Protection Agency (EPA) to secure relief for local refineries experiencing severe economic harm because of the Renewable Fuel Standard (RFS) — the federal law that requires refineries to pay to prove that ethanol is added to motor gasoline every year.
AGs from Seven States Request RFS Waivers from EPA
The chief legal officers of seven states — Louisiana, Texas, Oklahoma, Utah, Arkansas, Oklahoma and Wyoming — added their names and states to the list of those urging EPA to issue a waiver of 2020 Renewable Fuel Standard (RFS) compliance burdens.
Issues and Policies
18.6 million
U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.
$185 billion
Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.