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
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.
AFPM opposes the Inflation Reduction Act as written. We evaluated the bill against our core principles, specifically whether the legislation would support strong U.S. refining and petrochemical industries and whether it pursued emissions reductions in a market-based and cost-effective manner. Unfortunately, the IRA falls short of these goals.
Thursday, August 18, AFPM President and CEO Chet Thompson sent a letter to House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-OR) and Ranking Member Sam Graves (R-MO) making...
EPA’s existing Risk Management Plan (RMP) is doing what it was designed to do: drive continual safety improvements across workplaces to keep industry employees, contractors, facility neighbors and local environments safe. Any changes to a regulation as effective as the RMP need to be solidly evidence-based. Unfortunately, today’s proposal is filled with costly and misinformed changes, with little-to-no data to back them up. In fact, many of the proposed changes will adversely impact the safety and security missions of refining and petrochemical sites. AFPM looks forward to providing detailed comments on this proposal.
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.
“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."
Jim Gould, tax consultant and adviser to the CRANE Coalition, joins the podcast to discuss the Trump Tax Plan and its potential impacts on the refining and petrochemical industries.
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.
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.