WASHINGTON, D.C. – The American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today released the following statement on the Trump Administration’s intent to significantly increase the 2020 U.S. biofuel mandate.
With a wave of retirements looming in the next decade, many in the petrochemical and refinery sectors are looking to a 40-year industry veteran to prepare the next generation of highly qualified workers.
The U.S. refining sector is a steadfast economic engine, supporting more than 2 million jobs and providing the affordable, reliable fuels on which America runs — the gasoline and diesel that take us to work and our kids to school, supply heavy construction equipment and enable first responders, and even power tractors on the farm.
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U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.
We create the jobs that employ more than 4 million Americans in 33 states.
Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.