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U.S. refinery utilization is the quiet hero in a tight refined product market

In a tight refined product market it has been U.S. refiners that have stepped up. Our industry ran full-out for most of 2022 making sure American consumers, our domestic economic centers and our allies had enough gasoline, diesel and jet fuel to keep everyone moving. Our refining sector leads the world in liquid fuel production and is effectively doing more than any other to bring better balance to the global market.

Time for a revisit: What happens with refinery profits… and are “buy backs” a bad thing?

Publicly owned companies, like many U.S. refineries, have a fiduciary responsibility (which is a legal obligation) to act in the best interest of their shareholders, and that extends to how companies spend their earnings. Often, earnings are spent on a combination of the following: direct dividends, stock buy back programs, paying down debt and capital investment projects.

AFPM responds to President Biden’s State of the Union comments on refinery earnings, investments

AFPM President and CEO Chet Thompson issued the following statement in response to President Biden’s State of the Union address: "Using the State of the Union to politicize market fundamentals and single out stock “buy back” programs—while overlooking the fact that the Biden administration’s own policies discourage the reinvestment of earnings back into the U.S. liquid fuel supply chain—cheapens the dialog for everyone."

Instrumentation Craft Internship

Maintenance


In the last few years, we have recognized improvement opportunities for recruiting local trades.  The identified opportunities can be summarized as experience and exposure.  Most instrumentation applicants have the proper certifications but lack field experience.  Motiva has recently addressed this issue by building a training program that assesses the development needs of a new hire.  This allows us to develop individual training plans and test for comprehension.  The training program will have its first trainee beginning in September.

Facilitator: Gerard Celestine, Motiva Enterprises LLC

Speakers:
Dana Hannin, Motiva Enterprises LLC
Rickey Hicks, Motiva Enterprises LLC
Speakers
Gerard Celestine
Dana Hanning
Rickey Hicks
Session Start End
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Topic
Maintenance

Industrial Rope Access

Maintenance


In this session we will discuss in how a better understanding of rope access safety and capabilities can lead to more effective access selection. We will cover basic rope access safety and mitigation techniques, equipment selection, project planning, and how to deploy rope access to site. We will also cover common uses of rope access. Participants will:

  • Gain an understanding of rope access capabilities and potential use

  • Recognize the potential for reduced at height exposure hours as well as cost savings benefits

  • Learn how to identify rope access work



Facilitator: Andy Woods, Chevron Phillips Chemical Company

Speaker: Joanna McClellan, BrandSafway
Speakers
Andy Woods
Joanna McClellan
Session Start End
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Topic
Maintenance

Leadership Fireside Chat: Management Support of Walk the Line, Culture and Technology

Maintenance


Walk the Line is a conduct of operations driven, practice sharing program focused on engaging the front line to help reduce process safety events and help make sites safer. This fireside chat will discuss Walk the Line, Culture and Technology from a company leader perspective. Case studies on how Walk the Line and a strong Operating Discipline Culture have helped will be provided.

Facilitator: Lawrence Moreaux, LyondellBasell Industries

Speaker: Raymond Chafin, Pemex Deer Park
Speakers
Lawrence Moreaux
Raymond Chafin
Session Start End
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Topic
Maintenance