A duo of strong storms that swept through the United States has temporarily disrupted domestic fuel markets, but effective responses by the private and public sectors have limited the fallout from Hurricanes Harvey and Irma for Americans who need fuel critical for commerce.
The House of Representatives will soon vote on three pieces of legislation to rein in the federal Environmental Protection Agency (EPA) from (1) imposing and enabling de facto bans on new cars and trucks that run on liquid fuels and (2) from radically transforming the Renewable Fuel Standard (RFS) into a new nine-figure-government subsidy program for electric vehicles (EVs).
Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), issued the following statement on the Environmental Protection Agency’s proposed rule regarding modifying the interpretation of Clean Air Act Section 211(h)(4) to extend the E10 volatility waiver to E15, on which AFPM today submitted comments.
Oil markets are famously sensitive to uncertainty. Global conflict can send prices higher on concerns that crude oil supplies could be disrupted. This is playing out in response to Russia’s unprovoked acts of war against Ukraine. Russia is a major supplier of crude oil and other energy products globally, though less so in the United States. In recent days, many market participants have committed to stop purchasing Russian oil. Shipping companies are concerned about loading cargoes from Russia and some shippers are finding the cost associated with such cargoes too high. These moves are tightening an already tight market.
WASHINGTON, D.C. – AFPM released this statement in response to the Council on Environmental Quality’s announcement of its final rule to update and modernize its National Environmental Policy Act (NEPA) regulations
“Just as we were proud to testify in support of these bills last month, AFPM is proud to support the legislation being marked up today...As members review these bills carefully, appreciating exactly what they do and do not do, the choice to support them should be obvious, especially for those with fuel and petrochemical manufacturing facilities in their districts.” – Chet Thompson, AFPM President & CEO
One key component called for in nearly every recipe for clean, low-sulfur gasoline is alkylate. Alkylate is high in octane, low in sulfur and has zero aromatics which all help to lower vehicle emissions and tailpipe pollution.
AFPM supports the continuous drive to make our U.S. transportation fleet more fuel efficient. In fact, we see the fuel refining and petrochemical industries as critical partners in this effort.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) today issued the following statement from Rob Benedict, AFPM Vice President of Petrochemicals & Midstream, commending the U.S. Surface Transportation Board (STB) on its unanimous decision to amend the emergency service regulations for freight rail. The final rule, finalized Wednesday, streamlines the process for rail shippers to request and receive emergency relief when faced with severe deteriorations in rail service.
To produce essential goods for U.S. and global consumers, AFPM members need a safe, reliable and efficient rail system to move materials to and from refineries and petrochemical facilities.