The U.S. refining industry has a widespread economic impact on our nation. It supports millions of American jobs and pumps billions of dollars into the economy, as documented by the new AFPM report Economic Contributions of U.S. Petroleum Refineries. Report highlights, based on the latest full year of data available through IMPLAN (2022), are featured in this blog.
The beginning of the summer season also marks the start of the long hurricane season. While summer lasts for three short months, hurricane season hangs around much longer, from June 1 to November 30.