The Federal Aviation Administration (FAA) predicts there may be over five million total drones flying the national airspace by 2020. On one hand, this is great news: drones present significant...
Hurricane Irma passed through Florida and into the Southeast over the weekend, and our thoughts and prayers are with the state and its residents as they begin to recover from this devastating storm.
As we head into the Memorial Day weekend, a lot of attention is being paid to the price of gasoline. This is no surprise since over 36 million travelers are expected to hit the roads across the country this weekend - at a time when prices for the crude oil used to make fuels are climbing.
As Hurricane Florence approached the East Coast this week, nearly two million residents throughout the Carolinas, Maryland and Virginia were placed under evacuation watch.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson released the following statement on the rioting that took place at the U.S. Capitol on January 6, 2021.
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).
Refineries are not the story when it comes to retail gasoline prices. Raw materials (in this case crude oil) account for the biggest share of the final price consumers pay.
Right now, members of Congress are debating a series of taxes as part of the multi-trillion-dollar reconciliation package that could make the crude oil that runs through U.S. refineries more expensive.
COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
