What’s New
What’s going on with refining margins and industry profits?
Gasoline and diesel prices are front-of-mind for Americans, and people are understandably interested in whether there’s a connection between higher pump prices (which refiners do not set) and higher profits in the refining industry. That deserves a deeper dive.
Walking the Job — Where safety starts
Safety is priority one for refiners and petrochemical manufacturers. Every day, our industries operate in complex, high‑risk environments where careful planning, clear communication and shared accountability are essential to keeping people safe. One of the most effective ways companies reinforce that commitment is through a long‑standing practice known as Walk the Job — a successful practice that helps ensure work is done safely before it ever begins. afpm
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.