The House of Representatives is expected to vote on the Choice in Automobile Retail Sales (CARS) Act (H.R. 4468) in the coming week. This legislation, originally introduced by Representative Tim Walberg (MI-5) earlier this year, would prohibit the federal Environmental Protection Agency (EPA) from finalizing its proposal to require roughly 70% of new car and truck sales to be “zero tailpipe emission” in less than 10 years.
WASHINGTON, D.C. - This is a poorly devised bill that runs contrary to its purported purpose of improving the global environment. Banning the export of U.S. manufactured petrochemicals and polymers is shortsighted and will negatively impact global supply chains for essential materials and products.
Fifteen Senators and 24 House members have signed letters to EPA Administrator Andrew Wheeler urging him to heed and quickly respond to the petitions of six state governors seeking relief from 2020 Renewable Fuel Standard (RFS) regulatory compliance burdens.
AFPM opposes the Inflation Reduction Act as written. We evaluated the bill against our core principles, specifically whether the legislation would support strong U.S. refining and petrochemical industries and whether it pursued emissions reductions in a market-based and cost-effective manner. Unfortunately, the IRA falls short of these goals.
Restricting exports would be a major unforced error for the President, tightening global fuel supplies, throttling U.S. fuel production and increasing costs for American consumers. Likewise, imposing product inventory requirements boils down to siphoning gasoline and diesel into storage, and away from consumers.
Diesel inventories in the United States and around the world are low and there is growing concern about what tight supplies could mean heading into a cold winter. Below, AFPM’s industry analysts explain (1) what’s behind this particular supply chain challenge, (2) how U.S. refiners are adapting operations to meet consumer needs (i.e., running full out and maximizing distillate production) and (3) the role government might play in bringing about resolution.
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 by American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson on Congress’ passage of the Frank R. Lautenberg Chemical Safety for the 21st Century Act:
Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), issued the following statement on the Environmental Protection Agency’s proposed rule regarding modifying the interpretation of Clean Air Act Section 211(h)(4) to extend the E10 volatility waiver to E15, on which AFPM today submitted comments.