WASHINGTON, D.C. — Today, Rob Benedict, AFPM Vice President of Petrochemicals and Midstream, issued the following statement welcoming the U.S. Surface Transportation Board’s (STB) long-awaited reciprocal switching final rulemaking.
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.
WASHINGTON, D.C. — The American Fuel & Petrochemical Manufacturers (AFPM) is proud to announce the winners of the 2023 Annual Safety Awards, considered the refining and petrochemical industries’ premier safety awards. They are part of a comprehensive program developed by the AFPM Safety and Health Committee to promote safe operations in our industries and recognize facilities that have outstanding occupational and process safety performance.
Reports indicate EPA will be finalizing a major regulation for U.S. passenger vehicles this Wednesday, March 20. Ahead of that announcement, please see a compiled list of frequently asked questions about EPA’s policy and how it aims to force national electric vehicle adoption.
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.
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.
Oil markets are famously sensitive to uncertainty. Global conflict can send prices higher on concerns that crude oil supplies could be disrupted. This is playing out in response to Russia’s unprovoked acts of war against Ukraine. Russia is a major supplier of crude oil and other energy products globally, though less so in the United States. In recent days, many market participants have committed to stop purchasing Russian oil. Shipping companies are concerned about loading cargoes from Russia and some shippers are finding the cost associated with such cargoes too high. These moves are tightening an already tight market.
TLDR; the current high diesel prices are fundamentally the result of demand outpacing supply, as of the posting of this blog. There are four primary drivers of this imbalance.
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.
WASHINGTON, D.C. — Today, the American Fuel & Petrochemical Manufacturers (AFPM) is launching a series of new ads across nine states urging key United States Senators and Congressional Representatives to vote to overturn the Biden administration’s newly finalized regulation that will ban most new gas cars by 2032.