WASHINGTON, D.C. – Chet Thompson, president and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), today issued the following statement in response to comments by Vice President Joseph R. Biden Jr. in last night’s presidential debate
Before the pandemic hit, the nation’s manufacturing sector — including the refining and petrochemical industries — was wrestling with how to find and train enough young people to replace the wave of Baby Boomers retiring from the workforce at a rate of nearly 6,000 per day.
For more than 100 years, the women and men of our industries have answered the call to serve when our country needed them. Through war, economic shocks, and natural disasters, refiners and petrochemical manufacturers have helped build new industries, grow our economy and fuel progress.
The fuel and petrochemical industries employ highly trained, talented people who produce the fuels, feedstocks and products that are critical to the well-being of our economy and country. Supporting...
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson released the following statement on the rioting that took place at the U.S. Capitol on January 6, 2021.
The official beginning of the Atlantic hurricane season usually begins on June 1, but the National Hurricane Center moved it up to May 15 with the formation of an early tropical storm in the Atlantic in the first half of the month.
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).
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.