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.
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...
As I write this in the early afternoon of Monday, May 15, I just finished reading the latest bulletin from DHS on WannaCry, the ransomware virus that has become a lead news story since the weekend.
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.