Members of the upstream segment explore for and extract crude oil, natural gas and natural gas liquids (NGLs). Crude oil and NGLs are used as feedstocks to produce fuels and petrochemicals, and in some cases directly as sources of energy and natural gas is used as a source of energy.
The midstream segment moves and stores feedstocks and finished products — including fuels, natural gas, natural gas liquids and petrochemical products — using an integrated system of pipelines, ports and waterways, railroads, roadways and storage facilities.
The downstream segment encompasses refineries and petrochemical manufacturing facilities that process crude oil and natural gas liquids into finished products. There are 131 operable refineries in the United States that manufacture essential energy products, including gasoline, diesel and jet fuel.
As we enjoy watching our favorite Olympic events and proudly tally Team USA medals, we can’t help but spot petrochemicals and their supporting role in the Games as well — in our athletes’ high-performance uniforms and sporting equipment, in the flags, nets and world-class venues on display throughout Paris.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement today in response to reports indicating that the United States is shifting its position on the United Nations’ global agreement to end plastic pollution and will now support calls for plastic production caps and the establishment of a global list of banned chemicals. AFPM has been a participant in the United Nations’ (UN) Intergovernmental Negotiating Committee (INC) process for the past two years:
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today issued the following statement on EPA’s actions to address the backlog of nearly 200 small refinery exemption (SRE) petitions under the Renewable Fuel Standard (RFS).
That’s looking like a hard no. The Environmental Protection Agency is attempting to finalize the largest and most expensive Renewable Fuel Standard (RFS) mandate in history. This would significantly increase costs for American refiners and consumers.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today issued the following statement on Senator Mike Lee’s introduction of the “Protect Consumers from Reallocation Costs Act”.
