This week, AFPM joined API and industry associations representing fuel retailers, gasoline marketers, convenience stores and tank truck carriers to field questions from the media about the ongoing fuel distribution challenges resulting from the Colonial Pipeline shutdown.
WASHINGTON, D.C. – AFPM released the following statement in support of the Fairness for Every Driver Act of 2019 introduced by Sen. John Barrasso (R-Wyo.) and Rep. Jason Smith (R-Mo.).
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.
Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), issued the following statement on the Environmental Protection Agency’s proposed rule regarding modifying the interpretation of Clean Air Act Section 211(h)(4) to extend the E10 volatility waiver to E15, on which AFPM today submitted comments.
New analysis has found that a Senate plan to extend the federal electric vehicle (EV) tax credit would cost taxpayers as much as $16 billion over the next decade, money that in recent years has largely gone toward the purchase of luxury electric vehicles.
It should come as a surprise to congressional supporters of the Energy Independence and Security Act (EISA), that their 2007 votes to expand the Renewable Fuel Standard (RFS) to advance “homegrown energy” would lead to historic U.S. imports of biodiesel
WASHINGTON D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) participated in oral arguments today in the U.S. Court of Appeals for the D.C. Circuit in the case Americans for Clean Energy et al. v. EPA et al. (case number 16-1005).
The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).
