AFPM members know that petrochemicals are invaluable to the production of countless consumer products. But many Americans may not realize how much they rely on xylene, benzene, butadiene, toluene, ethylene and propylene when they opt to spend time outside.
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).
U.S. petrochemical manufacturers are at the forefront of research and development into cutting-edge solutions to give new life to used plastic products. Leveraging their in-depth understanding of plastics’ molecular composition and the manufacturing process itself, AFPM members are investing in recycling technology, infrastructure and partnerships that will reduce mismanaged plastic waste by applying unlocking its value as a feedstock.
Refineries are not the story when it comes to retail gasoline prices. Raw materials (in this case crude oil) account for the biggest share of the final price consumers pay.
AFPM Senior Petrochemical Advisor Jim Cooper answered a few questions to help illuminate some of the ways that petrochemicals—and the industries that produce them—are working to protect people from the coronavirus.
The temporary enforcement policy announced by the Environmental Protection Agency (EPA) triggered criticism about some in the oil and gas industry getting a “license to pollute” during a public health emergency.
The first Tour de France was held in 1903. 60 cyclists rode over unpaved roads without helmets, comfortable bikes or other modern technologies. Today the race has evolved to a total of 21 stages covering almost 2,200 miles.