WASHINGTON, D.C. – American Fuel & Petrochemical Manufacturers President and CEO Chet Thompson today released the following statement addressing President-elect Biden's intention to rescind the permit for the Keystone XL pipeline.
Apparently, the #NoDAPL protest, which started as “something that was beautiful,” has devolved into a morass “where it’s ugly, where people are fabricating lies and doing whatever they can, and they’re driven by the wrong thing.”
The Line 5 pipeline plays a critical role in ensuring the United States and Canada continue to have access to affordable fuels, propane and other refined products. Union, political and business leaders on both sides of the border are emphasizing the critical role of the Line 5 pipeline and calling for it to remain open until its replacement can be completed:
OK, all you anti-pipeline activists, it’s time for a pop quiz: Can you identify on the map below where the proposed Bayou Bridge pipeline will be built? How about if we narrow it down to a map of just...
Refineries are not the story when it comes to retail gasoline prices. Raw materials (in this case crude oil) account for the biggest share of the final price consumers pay.
It’s no secret that infrastructure is the backbone of this nation, from roads to bridges to airports and more – America relies on its infrastructure to keep people and our economy moving.
COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
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.
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.
The unprecedented disaster wrought by Hurricane Harvey has the safety of friends, family, colleagues and communities along the Gulf Coast weighing heavy on our minds and hearts.
