WASHINGTON, D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) and EdVenture Partners (EVP) named the winning team of the Second Annual AFPM Recruitment Challenge.
The biofuel industry, facing poor margins due to overproduction and declining exports, is trying various tactics to force more ethanol and biodiesel into the U.S. fuel supply.
The chief executives of Valero Energy Corporation, Marathon Petroleum Corporation and Flint Hills Resources sent a letter to President Trump yesterday urging him to avoid actions that would worsen the impacts of federal biofuel policies on U.S. refiners.
The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute (API) sent a new letter to President Trump urging him not to listen to “misinformation and misguided policies” from the ethanol lobby that will result in lost jobs in refining communities and higher gasoline prices for consumers.
Fuel supply limitations resulting from the impact of hurricanes and other natural disasters on infrastructure, for example, can lead to price increases as the market reacts to rebalance supply and demand.
A major labor union — the International Brotherhood of Boilermakers — is urging President Trump not to put union jobs at risk by increasing federal biofuel blending obligations for refiners.