The U.S. refining sector is a steadfast economic engine, supporting more than 2 million jobs and providing the affordable, reliable fuels on which America runs — the gasoline and diesel that take us to work and our kids to school, supply heavy construction equipment and enable first responders, and even power tractors on the farm.
WASHINGTON, D.C. – The American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today released the following statement on the Trump Administration’s intent to significantly increase the 2020 U.S. biofuel mandate.
WASHINGTON, D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today released the following statement regarding the Trump Administration’s supplemental rule to adjust the U.S. biofuel mandate
As we progress through 2019, one thing that has remained consistent is that U.S. ethanol consumption and blending are higher this year than they have ever been — a sign that small-refinery hardship waivers exempting some qualified facilities from Renewable Fuel Standard (RFS) blending obligations have not destroyed demand for ethanol.
The Renewable Fuels Association has issued a carefully worded advertisement, omitting or mischaracterizing critical details about the fuel market and the Renewable Fuel Standard (RFS), as well as about the Small Refinery Exemptions (SRE) designed by Congress as a required component of the RFS.
First commissioned a century ago, the Toledo, Ohio, refinery has long supplied gasoline and other products that fuel the region’s economy and communities.
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.