Every day, U.S. consumers purchase more than 350 million gallons of gasoline to get to work and school, to go on vacation and to see family. But what goes into the price we pay for gasoline?
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.