AFPM President and CEO Chet Thompson sent a letter to EPA Administrator Lee Zeldin to urge EPA to avoid a repeat of 2025’s 11th hour emergency RVP waivers for summer gasoline sold in the Midwest.
Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15% of global oil supply and 20% of global LNG supply if tanker flows are not quickly restored, according to Wood Mackenzie.