WASHINGTON, D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) released “The Fuel & Petrochemical Supply Chains: Moving the Fuels & Products That Power Progress.”
Boyd Stephenson, senior vice president of government affairs and counsel at the National Tank Truck Carriers (NTTC), joins the podcast to discuss the trucking industry and US highway infrastructure.
Russian crude oil accounts for just three percent of U.S. crude oil imports and about one percent of total crude oil processed by U.S. refineries. Even still, Russian crude oil imports are important to refineries on the West Coast and Gulf Coast for some distinct reasons. Read more on this topic from AFPM’s industry analysts in their recent assessment: “U.S. Imports of Crude Oil and Petroleum Products from Russia.”
SPR releases cannot be the center of this Administration’s strategy to confront inflation and high energy prices. At best, SPR releases are a short-term fix, they are not a solution. Stability and certainty is what global crude oil markets crave.
AFPM President & CEO Chet Thompson sent a letter House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy expressing AFPM’s opposition to H.R. 7688, the Consumer Fuel Price Gouging Prevention Act.
AFPM President and CEO Chet Thompson and API President and CEO Mike Sommers sent a letter to President Biden responding to recent letters the Administration sent to major U.S. fuel refiners suggesting that these companies, their workforces and facilities throughout the country aren’t doing their part to bring fuel to the market and lower energy costs for consumers.
We are surprised and disappointed by the President’s letter. Any suggestion that U.S. refiners are not doing our part to bring stability to the market is false. We would encourage the Administration to look inward to better understand the role their policies and hostile rhetoric have played in the current environment.
WASHINGTON — American Fuel & Petrochemical Manufacturers (AFPM) and the American Petroleum Institute (API) released the following joint statement on U.S. Energy Secretary Jennifer Granholm's meeting...
Forbes contributor and energy consultant David Blackmon sits down with AFPM's Ryan Mills to discuss pipeline activism. The podcast covers a wide range of topics, from fracking, to DAPL, to a pipeline...