Hurricane season is coming — beginning June 1 and lasting through the end of November — and with it comes unpredictable storms and heightened risks. With forecasts predicting up to 19 named storms and 10 hurricanes — the refining and petrochemical industries are prepared.
Pay close attention as we continue diving into Renewable Fuel Standard (RFS) costs, because $770 per gallon is what the Environmental Protection Agency (EPA) is considering having you pay next year for every extra gallon of corn ethanol that might get blended BECAUSE of the RFS.
EPA’s RFS reallocation proposal could raise Americans’ 2026-2027 RFS bill to $150 billion, but if soybean oil prices jump significantly, total costs could reach $190 billion.
