One of the societal byproducts of the COVID-19 pandemic has been an increased emphasis on technology to meet changing needs, and the fuel and petrochemical industries are no exception to that trend.
This week, AFPM joined API and industry associations representing fuel retailers, gasoline marketers, convenience stores and tank truck carriers to field questions from the media about the ongoing fuel distribution challenges resulting from the Colonial Pipeline shutdown.
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.
“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.
Beyond digitization (converting analog information to digital) and digitalization (the technology-driven shift to business processes) lies digital transformation.
A news item came to light this week, but seemed to be noticed mainly by those in cybersecurity. The IT system of the Hollywood Presbyterian Medical Center in California was being held for ransom , and...