This year, the EPA is poised to “reset” the Renewable Fuel Standard (RFS), which was passed in 2005 and expanded in 2007 to require increasing amounts of biofuels to be incorporated into U.S. gasoline and diesel supplies.
New analysis has found that a Senate plan to extend the federal electric vehicle (EV) tax credit would cost taxpayers as much as $16 billion over the next decade, money that in recent years has largely gone toward the purchase of luxury electric vehicles.
Preface: So, I was asked if we can somehow tie Moon Day with petrochemicals. I said that I’m pretty sure space suits are made from synthetic materials, so that’s a pretty good tie-in.
Ottawa, Canada — As the fourth session of the United Nation’s Intergovernmental Negotiating Committee (INC-4) to create a global agreement on plastic pollution concluded Monday in Ottawa, AFPM released the following statement.
Narratives that pit the refining and petrochemical industries against electric vehicles (EVs) ignore the symbiotic relationship of these industries. If you review the history of EVs – you will see that refining and petrochemical companies have been foundational to the EV market all along and will continue to be far into the future.
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:
Pay close attention as we continue diving into Renewable Fuel Standard (RFS) costs, because $770 per gallon is what the Environmental Protection Agency (EPA) is considering having you pay next year for every extra gallon of corn ethanol that might get blended BECAUSE of the RFS.
WASHINGTON, D.C. — The American Fuel & Petrochemical Manufacturers (AFPM), in partnership with the Science History Institute and the Founders Club, is proud to announce that Bhavesh V. (Bob) Patel, retired CEO of LyondellBasell Industries, will receive the 2026 Petrochemical Heritage Award during AFPM’s International Petrochemical Conference on March 30.
