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The U.S. refining industry has a widespread economic impact on our nation. It supports millions of American jobs and pumps billions of dollars into the economy, as documented by the new AFPM report Economic Contributions of U.S. Petroleum Refineries. Report highlights, based on the latest full year of data available through IMPLAN (2022), are featured in this blog.

Every day, U.S. consumers purchase more than 350 million gallons of gasoline to get to work and school, to go on vacation and to see family. But what goes into the price we pay for gasoline?

As we enjoy watching our favorite Olympic events and proudly tally Team USA medals, we can’t help but spot petrochemicals and their supporting role in the Games as well — in our athletes’ high-performance uniforms and sporting equipment, in the flags, nets and world-class venues on display throughout Paris.

Some have taken issue with our choice to describe EPA’s new regulation for model year 2027-2032 passenger vehicles as a “ban on most new gas cars,” and have accused us of exaggerating the administration’s policies. We’d like to explain, once again, why we talk about the policy this way.

If you were asked to name the safest U.S. manufacturing industries, would petrochemical manufacturing and fuel refining be your top two choices? If so, you’d be right.

From June 1 to September 15 every year, nearly all gasoline sold in the United States is required to be a “summer” gasoline which is different in a few key ways from the gasoline sold during the rest of the year.

The beginning of the summer season also marks the start of the long hurricane season. While summer lasts for three short months, hurricane season hangs around much longer, from June 1 to November 30. 

AFPM recently participated in the fourth session of the United Nations’ (“UN”) negotiations for a global plastics agreement in Ottawa, Canada (INC-4). AFPM supports the UN’s ambition to eliminate additional plastic pollution. To get there, we need to accelerate a circular economy where plastic is sustainably reused or recycled instead of discarded, enabled by a global agreement that unlocks industry innovation and global investment in plastics circularity and waste management.

AFPM released the 4th edition of the Sustainability Report. This report highlights the myriad of examples of the work of AFPM members to deliver on their commitment to sustainably provide the critical fuel and petrochemical products that growing global populations need to thrive.