American Fuel & Petrochemical Manufacturers CEO Chet Thompson today issued the following statement on the Biden administration’s announcement that it plans to invoke emergency waiver authority under the Clean Air Act to allow for the incremental sale of E15 fuel this summer.
Find industry information, news and updates from AFPM, and connect to our media team.
The U.S. refining industry is the most competitive in the world, which is a benefit to American households. Our complex facilities are uniquely suited to handle difficult-to-refine crude oil and other petroleum feedstocks that refineries elsewhere cannot process. This creates competitive advantage. At the same time, the United States is able to sell some of our higher-quality crude to countries that need it. This combination is powerful.
Russian crude oil accounts for just three percent of U.S. crude oil imports and about one percent of total crude oil processed by U.S. refineries. Even still, Russian crude oil imports are important to refineries on the West Coast and Gulf Coast for some distinct reasons. Read more on this topic from AFPM’s industry analysts in their recent assessment: “U.S. Imports of Crude Oil and Petroleum Products from Russia.”
In a series of comments submitted recently to EPA, leading labor groups made the case to President Biden and EPA Administrator Michael Regan for reductions to the proposed 2022 Renewable Fuel Standard (RFS) volume mandate. An unachievable and costly RFS is a threat to good union jobs.
Because of the extensive safety and mitigation steps refiners take wherever hydrofluoric acid (HF) alkylation is concerned, the risks from this process pale in comparison to those we assume every day when we engage in routine activities like riding a bike, driving a car and playing with pets.
Decarbonizing heavy trucks and airplanes, which will continue to rely on liquid fuels for the foreseeable future, once seemed a distant dream. That is changing thanks to innovation and investment from America’s fuel refiners, which are manufacturing renewable diesel and sustainable aviation fuels that cut carbon emissions by as much as 80 percent.
In 2019, Chevron Phillips Chemical (CPChem)’s Sustainability Technical Manager Ron Abbott was given a seemingly insurmountable challenge: by 2020, make CPChem the first company in the U.S. to announce commercial production of a circular polymer made by converting plastic waste into the chemical building blocks for new plastic. A cross-functional team was launched and started chipping away at the goal.