Right now, members of Congress are debating a series of taxes as part of the multi-trillion-dollar reconciliation package that could make the crude oil that runs through U.S. refineries more expensive.
WASHINGTON, D.C. – "Federal policy is discouraging supply by shutting down pipelines, putting future production off limits, talking down the future of the petroleum business, and imposing expensive requirements on refineries, chief among them a burdensome Renewable Fuel Standard. The Administration is blaming others when it ought to take a sober look at its own energy policy."
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.
WASHINGTON, D.C. -- Statement from the American Fuel & Petrochemical Manufacturers (AFPM) in response to the “Unified Framework for Fixing Our Broken Tax Code” released today by congressional Republican leaders and the Trump administration.
WASHINGTON, D.C. – Statement from Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM) on H.R.1, the Tax Cuts and Jobs Act, which passed in the U.S. House of Representatives today
WASHINGTON, D.C. – Statement from Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM) on final passage of The Tax Cuts and Jobs Act:
WASHINGTON, D.C. – Statement by American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson on the House Concurrent Resolution 112, expressing the sense of Congress opposing President Obama's proposed tax on every barrel of oil:
WASHINGTON, D.C. – American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson today reacted to President Obama’s final budget proposal.
WASHINGTON, D.C. – American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson released the following statement in response to President Obama’s State of the Union address: