AFPM and API to Sec. Granholm: Refined Product Export Ban Will Disrupt Global Markets and Harm U.S. Consumers
The American Fuel and Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson and American Petroleum Institute (API) President and CEO Mike Sommers today sent a letter to U.S. Secretary of Energy Jennifer Granholm raising significant concerns that the administration could pursue a ban or limits on refined petroleum products.
“Banning or limiting the export of refined products would likely decrease inventory levels, reduce domestic refining capacity, put upward pressure on consumer fuel prices, and alienate U.S. allies during a time of war,” Thompson and Sommers wrote.
“Banning or limiting the export of refined products would likely decrease inventory levels, reduce domestic refining capacity, put upward pressure on consumer fuel prices, and alienate U.S. allies during a time of war,” Thompson and Sommers wrote.
AFPM, API Joint Statement on White House, DOE Meeting with U.S. Refiners
The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute (API) today released the following statement after a meeting that included Secretary of Energy Jennifer Granholm, senior White House officials and leaders of the top U.S. refining companies
AFPM Statement on Gas Prices Surrounding Hurricane Ian
“Our country has seen time and again that major storms and often-correlated runs on gas stations can have a swift impact on prices. Already in Florida, some key areas are functioning with roughly 20 percent of retail stations either out of gas or out of power. That means there is less supply overall and some temporary inability to access supplies in certain Florida communities where there is, at present, heightened local demand. The market is resilient and will work to fix this imbalance swiftly, but a return to normalcy will likely not be immediate as the supply chain is complex and buyers will need to return to their normal purchasing habits."
Hurricane Ian: Be Prepared
All eyes are on Hurricane Ian, which is expected to approach Florida’s west coast later Wednesday and into Thursday bringing high winds and massive amounts of rain. Although our nation’s refiners and petrochemical manufacturers do not have facilities in the affected region, we’d like to urge the people in the area to prepare for the storm and heed all evacuation notices. Florida residents can get critical preparedness and evacuation information here.
Statement from AFPM President and CEO Chet Thompson in response to the Beyond Petrochemicals: People Over Pollution campaign
The U.S. petrochemical industry has a crucial and enduring role to play in meeting the needs of a growing world population while simultaneously fulfilling the imperative to produce petrochemicals in a sustainable and clean manner.
With Rail Agreement, Focus Must Now Return to STB Reauthorization & Freight Rail Reform
“Refiners and petrochemical manufacturers are relieved that the two sides were able to come to agreement and avert what would have been a disastrous event for our economy and energy security."
Refiners Say Fuel Prices Could Increase & Production Plummet if Rail Strike Proceeds
American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today sent a letter to Congressional leadership—Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell and House Minority Leader Kevin McCarthy—urging their intervention to avoid a rail worker strike that could begin as soon as this Friday, September 16.
California Confusion: State Issues Emergency Alert to STOP Charging EVs Days after Voting to Ban Gas and Diesel Cars
Days after state regulators voted to ban gasoline and diesel cars and trucks, millions of California residents received an emergency alert to cut off all unessential electricity use and to stop charging their electric vehicles (EVs) in order to keep the lights on around the state. The timing is uncanny and shows the recklessness of a rushing to ban gas and diesel cars in order to force vehicle electrification.
Plastics reduce emissions — here’s how
McKinsey released a new report outlining the emissions profiles of plastic vs. non-plastic alternatives in multiple use cases. They found that in nearly every case examined, plastics are responsible for less greenhouse gas emissions throughout their lifecycle than alternative materials.