What’s New
Hurricane Season 2026: Calm on the horizon, prepared on the ground
Hurricane season officially began June 1 — and while early forecasts point to a “below normal” Atlantic season, there’s no such thing in our industries as taking a season off. Forecasters are calling for just one to three major hurricanes and three to six in total this year, a relatively modest outlook by recent standards.
AFPM suing EPA over RFS ‘Set 2 rule,’ this administration’s most expensive regulation
WASHINGTON, D.C. — The American Fuel & Petrochemical Manufacturers (AFPM) filed a lawsuit Friday in the DC Circuit court challenging the 2026-2027 Renewable Fuel Standard (RFS) volumes finalized by the Environmental Protection Agency (EPA) in March. EPA’s “Set 2 rule” is the largest and most expensive RFS iteration in history and is the single most expensive regulation of President Trump’s second term.
Issues and Policies
18.6 million
U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.
$185 billion
Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.