WASHINGTON, D.C. – The American Petroleum Institute (API) President and CEO Mike Sommers and American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today released the following statement on the Trump Administration’s intent to significantly increase the 2020 U.S. biofuel mandate.
WASHINGTON, D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson today released the following statement regarding the Trump Administration’s supplemental rule to adjust the U.S. biofuel mandate
As we progress through 2019, one thing that has remained consistent is that U.S. ethanol consumption and blending are higher this year than they have ever been — a sign that small-refinery hardship waivers exempting some qualified facilities from Renewable Fuel Standard (RFS) blending obligations have not destroyed demand for ethanol.
WASHINGTON, D.C. – Chet Thompson, President and CEO of the American Fuel and Petrochemical Manufacturers, issued the following statement regarding the EPA’s decision to grant 31 Small Refinery Exemptions for 2018 under the Renewable Fuel Standard.
First commissioned a century ago, the Toledo, Ohio, refinery has long supplied gasoline and other products that fuel the region’s economy and communities.
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.
WASHINGTON, D.C. – This is a commonsense administration decision. We’re still waiting for EPA to make a call on 2019 and 2020 relief petitions and there remains no 2021 or 2022 proposals, much less final rules, from the Agency to guide business decisions for refineries. We all know RIN scarcity is real and clarity about future obligations is needed in order for facilities to align around their individual compliance strategies.
Limiting California’s access to the exact types of crude oil its facilities need will only increase prices for the state’s consumers and travelers. Drivers are already dealing with gasoline prices in excess of $5 per gallon and the highest fuel taxes of the 50 states. Confining energy producers and consumers to a smaller pool of crude oil will make a very sensitive price environment that much worse.
As the days grow longer and the mercury rises, boating season gets into full swing. For the next several months, sportsman, families, and boating enthusiasts alike will hit the water to cool off and enjoy all that boating has to offer.
A recent opinion piece in the Washington Examiner, A higher ethanol blend should be your choice, not the government’s was a fascinating display of hypocrisy.
