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).
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.
Building on decades of broader efforts alongside automakers to advance fuel-efficient technologies and vehicles, refiners are leading the effort to transition the U.S. to high-octane gasoline.
As more states limit the size of gatherings and even consider shelter-in-place policies in response to COVID-19, AFPM is working to see that refineries and petrochemical facilities.
U.S. fuel and petrochemical manufacturers are committed to doing their part to limit the spread of COVID-19 while maintaining the core services and functions our nation requires daily.