The hurricane season for the Atlantic Region runs from June 1st until November 30th.The bodies of water included in the region are the Atlantic Ocean, Caribbean Sea and Gulf of Mexico. The National Oceanic and Atmospheric Administration have reported that, “In total, the season produced 15 named storms, including eight hurricanes of which two were “major” (Category 3, 4 or 5). An average season has 12 named storms, six hurricanes, and three major hurricanes. The two major hurricanes last year were Florence and Michael which caused significant damage to the southeastern United States.
Analysts are getting increasingly worried that the refining industry will not be prepared in time to meet the lower sulfur regulation under the new International Maritime Organization (IMO) set to begin January 1, 2020 and will subsequently increase diesel prices in relation to crude oil.
Alternative energy is certainly an interesting concept in many aspects. Often referred to as “Clean Energy,” alternatives can also include solar, wind and water based production. As our current world tries to push for a change on how power is sourced, there has been an effort and an investment to change from fossil fuels, such as coal, oil and natural gasses towards alternatives to create sustainable and inexpensive options for energy production.
UPS has set a goal to reduce greenhouse gas emissions 12% by the year 2025. The company is focusing on using biomethane, or renewable natural gas (RNG) as their fuel source. “By switching to renewable natural gas, UPS estimates its vehicles will reduce as much as 1.2 million metric tons of greenhouse gas emissions through 2026. That's the equivalent of removing more than a quarter million vehicles from the road.” UPS operates a fleet of over 123,000 vehicles with more than 10,000 of those running off of alternative fuel or other technologies.