Disruptions

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.

Just as Memorial Day weekend marked the beginning of summer, June 1st marks the official beginning of the 2019 hurricane season.

Hurricane Michael, currently graded as a Category 4 storm, made landfall on the Gulf Coast today, directly hitting the Florida Panhandle and potentially impacting more than 300 miles in the region.

As Hurricane Lane, currently a Category 2 storm, makes its way towards Hawaii, our priority today is supporting Par Pacific Holdings, which is temporarily shutting down its 93,500 barrel per day refinery in Kapolei, on the island of Oahu, to ensure the safety of workers, and the community and environment surrounding the facility.

HOUSTON — The dog days of summer typically bring one or two hurricanes that lash the U.S. Gulf Coast. The punch of these storms, with their powerful winds and heavy rains, often has the potential to curb production at Gulf Coast refineries that together churn out nearly 50 percent of U.S. motor fuels and are crucial to our economy.

A duo of strong storms that swept through the United States has temporarily disrupted domestic fuel markets, but effective responses by the private and public sectors have limited the fallout from Hurricanes Harvey and Irma for Americans who need fuel critical for commerce.

Hurricane Irma passed through Florida and into the Southeast over the weekend, and our thoughts and prayers are with the state and its residents as they begin to recover from this devastating storm.

Fuel supply restrictions resulting from hurricanes and other natural disasters, often lead to price increases as the market reacts to rebalance supply and demand. To protect consumers, many states have enacted price gouging laws that limit a merchant’s ability to raise prices during an emergency. 

The unprecedented disaster wrought by Hurricane Harvey has the safety of friends, family, colleagues and communities along the Gulf Coast weighing heavy on our minds and hearts.