Newsroom

Supply disruptions tied to the Strait of Hormuz have renewed questions about U.S. energy security and why events halfway around the world still affect energy markets here at home. While we are the world’s largest crude oil producer and make more than enough gasoline, diesel and jet fuel to meet domestic demand, we still import and export both crude oil and refined products.

U.S. refiners play a critical role in moments of supply/demand imbalance. Thanks to their scale, complexity, efficiency and global reach, American refineries keep fuel flowing efficiently here at home while also supplying much-needed gasoline, diesel, jet fuel and other products to our allies abroad.

WASHINGTON, D.C. — The American Fuel & Petrochemical Manufacturers offered the following explanation of fuel price fundamentals.

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.

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

WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement regarding EPA’s transmission of four California waivers to Congress for review under the Congressional Review Act.

Hurricane season officially began June 1 — and while early forecasts point to a “below normal” Atlantic season, there’s no such thing in our industries as taking a season off. Forecasters are calling for just one to three major hurricanes and three to six in total this year, a relatively modest outlook by recent standards.

WASHINGTON, D.C. — The American Fuel & Petrochemical Manufacturers (AFPM) filed a lawsuit Friday in the DC Circuit court challenging the 2026-2027 Renewable Fuel Standard (RFS) volumes finalized by the Environmental Protection Agency (EPA) in March. EPA’s “Set 2 rule” is the largest and most expensive RFS iteration in history and is the single most expensive regulation of President Trump’s second term.

WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement in response to the Surface Transportation Board’s (STB) decision to require supplemental information for the latest Class 1 freight rail merger application, to be considered during its formal review.