A 15-year rise in U.S. exports of refined products continued in 2019 with our nation exporting more than ever, underscoring the importance of these products to fueling a growing world.
As 2017 gets started, the activist rhetoric for divestment will inevitably ramp up. So here are a few hard truths that divestment proponents ignore: 1. It’s bad business. Pension and university...
The United States is the now largest producer of crude oil and has the largest, most complex and most efficient refining industry in the world. Yet two of our most important oil trading partners are those that share our borders: Canada and Mexico.
A nationwide 95 RON octane standard for vehicles can deliver major carbon reductions in the nation’s light-duty auto fleet faster and at a lower cost than any other proposal being considered by policymakers right now, especially policies seeking to force nationwide vehicle electrification.
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.
Vehicle efficiency is not a partisan issue. Every driver wants cleaner, more efficient cars and trucks. They also want them to be affordable, safe and family friendly. Fuel-powered internal combustion engine vehicles offer a range of options that satisfy these criteria, and they’re getting better every year.
Right now, members of Congress are debating a series of taxes as part of the multi-trillion-dollar reconciliation package that could make the crude oil that runs through U.S. refineries more expensive.
It’s no secret that infrastructure is the backbone of this nation, from roads to bridges to airports and more – America relies on its infrastructure to keep people and our economy moving.
COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
