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.
Coronavirus developments are front of mind for everyone, including the staff at AFPM. We took a moment to speak with Jeff Gunnulfsen, senior director, security and risk management, about industry preparedness for the pandemic.
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.
We enter the official 2020 hurricane season in June with a full appreciation that this year brings additional challenges as our nation continues a fight against a different yet deadly type of storm.
Beyond digitization (converting analog information to digital) and digitalization (the technology-driven shift to business processes) lies digital transformation.