Oil and Petroleum Imports from Russia Explained - Updated*
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.”
Labor Leaders Call for Lower RFS Mandates to Contain RIN prices & Protect Union Jobs
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.
Alkylation: Safety & Risk in the Production of Cleaner Fuels
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.
Pipeline Trade Association Statement on Proposed Energy Product Reliability Act
Congress, regulators, and industry should collaborate to enhance energy product reliability programs and regulations at existing agencies, rather than complicating matters through the creation of a new, duplicative reliability regulator.
Weathering the Storm
Winter in some parts of the country means it’s time to breakout the snow boots, warm winter gear and shovels, but to people in the southwest United States, this isn’t a part of their winter customs.
RFS Proposal Will Make Fuel Production More Expensive & Speed Up Depletion of RINs
So much for the Biden administration being concerned about rising energy costs. This proposal would needlessly increase already record-breaking RFS compliance costs which, in turn, will raise the cost of producing gasoline and diesel for U.S. consumers—and it would do so with no corresponding environmental benefit or increase in biofuel blending.
CA Consumers, Environment Not Served by Restricting Access to Global Energy
Limiting California’s access to the exact types of crude oil its facilities need will only increase prices for the state’s consumers and travelers. Drivers are already dealing with gasoline prices in excess of $5 per gallon and the highest fuel taxes of the 50 states. Confining energy producers and consumers to a smaller pool of crude oil will make a very sensitive price environment that much worse.
Through Investment and Innovation, America’s Fuel Refiners Are Decarbonizing Heavy Transportation
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.
SPR Release Isn’t a Serious Way to Help Consumers
If the Biden Administration is serious about helping consumers, it needs to adopt policies that promote U.S. energy production and refining. A good place to start would be right-sizing RFS mandates.