What’s New
Are Gasoline and Diesel the Only Commodities that have Gotten More Expensive?
With big earnings being reported in the refining sector and countless stories focusing on national gasoline and diesel prices, it’s natural to want
Refiners Praise USTR Ambassador Tai’s Move to Address Mexico’s Energy Policies
AFPM President and CEO Chet Thompson issued the following statement: "AFPM applauds the United States Trade Representative (USTR) for elevating this important matter. Mexico’s policies toward American energy companies need to be addressed in the spirit of the United States-Mexico-Canada trade agreement (USMCA). American refiners have made significant investments in Mexico-based operations, jobs and infrastructure and we want our trade relationships with Mexico to remain healthy and mutually beneficial.”
Issues and Policies
18.6 million
U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.
$185 billion
Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.