American manufacturing powers the American Dream. Most economists agree that a nation’s strength, stability and security are directly tied to its position as a global manufacturing power.
The United States rose from a struggling nation of farmers to become the most powerful, prosperous and productive country on Earth on the strength of our manufacturing base – a manufacturing base that includes the refining and petrochemical members of AFPM.
Throughout the industrial and economic revolutions of the late 19th and early 20th centuries, American petroleum refiners were the bedrock of the nation’s manufacturing base, and we continue to be today. While crude oil – the feedstock of a petroleum refinery — is a most valued natural resource, it would have little or no value if it were not for the membership of AFPM.
For well over 100 years we have transformed crude oil into useful everyday products. Along the way we have continually enhanced technology. We have created new, more efficient and environmentally friendly products while providing the American consumer with fuels and other goods that drive the nation’s economic engine.
As the first step in the manufacturing process, we enable other U.S. manufacturers to better compete in the global marketplace, further enhancing our nation’s economic development.
AFPM’s petrochemical members are a somewhat younger entity than their refining cousins. As the use and value of plastics expanded exponentially beginning in the 1950s, petrochemicals supplanted resins from plant matter in plastics production.
Again, technology and innovation have provided the foundation for manufacturing everyday products essential to a vibrant American economy. Imagine life without advances in medicine and medical technology, food processing and packaging, lightweight and durable building materials or modern communications technologies that AFPM’s petrochemical members have made possible.
Sadly, in recent decades America has continued to manufacture less and less and import more and more from nations with low wages and aggressive government programs to subsidize exports.
While doomsayers and pessimists proclaim the era of American manufacturing is inevitably drawing to a close, we are optimists and positive thinkers who believe American manufacturing has a bright future ahead — if only government will nurture it and work in partnership with American industry for the benefit of all our citizens.
We believe America can once again begin exporting manufactured products instead of jobs on a large scale. And we believe strong, healthy and thriving U.S. refineries and petrochemical plants will play a crucial role in reviving American manufacturing.
American Fuel & Petrochemical Manufacturers
1800 M Street, NW Suite 900 North
Washington, DC 20036