AAA expects roughly 45 million travelers to head out of town and go at least 50 miles from home over the upcoming Memorial Day weekend, breaking a 20-year travel record in the process. The vast majority of these travelers—nearly 90%—are likely to be road warriors, driving cars and trucks fueled by American-made gasoline.
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.
Members of the upstream segment explore for and extract crude oil, natural gas and natural gas liquids (NGLs). Crude oil and NGLs are used as feedstocks to produce fuels and petrochemicals, and in some cases directly as sources of energy and natural gas is used as a source of energy.
The midstream segment moves and stores feedstocks and finished products — including fuels, natural gas, natural gas liquids and petrochemical products — using an integrated system of pipelines, ports and waterways, railroads, roadways and storage facilities.
The downstream segment encompasses refineries and petrochemical manufacturing facilities that process crude oil and natural gas liquids into finished products. There are 131 operable refineries in the United States that manufacture essential energy products, including gasoline, diesel and jet fuel.
The beginning of the summer season also marks the start of the long hurricane season. While summer lasts for three short months, hurricane season hangs around much longer, from June 1 to November 30.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today issued the following statement on EPA’s actions to address the backlog of nearly 200 small refinery exemption (SRE) petitions under the Renewable Fuel Standard (RFS).
That’s looking like a hard no. The Environmental Protection Agency is attempting to finalize the largest and most expensive Renewable Fuel Standard (RFS) mandate in history. This would significantly increase costs for American refiners and consumers.
