Happy Monday! Last week our CEO Chet Thompson was on a panel discussion with the leaders of a biofuel group and an EV group. (I know, spicy!) It was a great conversation about policy and the future of transportation in America. If you have a few, it’s worth a watch. Panel starts at 43:36.
- Charlie and the AFPM EMPOWER Team
As always — if you have ideas for EMPOWER content, respond to this email or reach me directly at charlie@afpm.org.
What we’re reading this week
The Oil Market’s 2026 Tsunami Will Be Costly to Finance - Bloomberg
The oil market is heading for an immense surplus in early 2026. How large? “Cartoonish,” reckons Macquarie Group Ltd., a bank with a huge commodities business. What’s the solution? Stockpile millions of barrels of crude into tanks.
Russia’s blacklisted tankers keep dumping oil in Europe’s seas - POLITICO
Russian-linked vessels are continuing to leak oil off Europe’s shores — despite Western sanctions — underscoring the continent’s inability to rein in Moscow’s so-called shadow fleet.
Millard: Plastics biz surge boosts economy: report - The Boston Herald
Amid a flurry of mixed signals about the economy and questions about the effect of tariffs, a new report shows that one industry is outpacing the manufacturing sector and increasing its exports abroad. Plastics.
Surge in Ukrainian attacks on oil refineries sparks Russian fuel shortages - BBC
Ukraine has dramatically increased the number of attacks launched against Russian oil refineries in recent months, sparking fuel shortages and price rises in some parts of the country, BBC Verify and BBC Russian have found.
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