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 operator of an 800-ton crane at ExxonMobil’s Baton Rouge, Louisiana, polypropylene project construction site lowers a new 150-foot-tall reactor into place.
“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.
In today’s world of cyber attacks against companies, the idea of sharing information between companies on cyber developments and incidents is becoming more critical.
In the USA, Friday, May 25 will be the start of the Memorial Day weekend. Traffic, BBQ’s, opening of swimming pools, remembrances, and other events will highlight the weekend.
Governor Gavin Newsom continues to blame fuel refiners for California’s highest-in-the-nation fuel prices. He couldn't be more wrong. The problem and solution to much of California’s fuel price challenge can be found in Sacramento policy. Take a look to better understand the role of policy in regional price differences, why it’s inaccurate to equate “margins” or “refinery cracks” with “profits,” and why windfall profit taxes are a known policy failure.
Refinery utilization, measures how much crude oil refineries are processing or “running” as a percentage of their maximum capacity. It tells us roughly how much of our refining muscle is being put to work manufacturing fuel. American refineries are running full-out, at about 95% of total capacity, contributing more fuel—gasoline, diesel, jet fuel, etc.—to the global market than any other country. In fact, U.S. refineries process more crude oil every day than the United States produces, and we make more finished fuels than the United States consumes.