Dramatic predictions and commentaries about the potential impact of the COVID-19 pandemic on the future of the fuel and petrochemical industries have made headlines.
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.
Governmental and public interest in carbon capture, utilization and storage (CCUS) is on the rise. Federal officials, labor unions and experts – including the International Energy Agency – have all identified CCUS as critical to achieving significant near-term reductions in greenhouse gas emissions.
Despite opposition from thousands of elected officials, state agencies, businesses, community groups and other stakeholders, EPA pressed ahead with its tighter ozone standards from 75 parts per billion (ppb) to 70 ppb on October 1st last year - a move that is expected to cost $1.4 billion annually and provide little economic benefit.
The Energy Information Administration today released figures that give everyone in the industry reason to cheer: U.S. energy-related carbon dioxide emissions in 2015 are 12% below their 2005 levels...
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.
Every day, AFPM members make products that improve our lives and contribute to human progress — including fuels like gasoline, diesel and jet fuel that facilitate access to vital health services, and petrochemicals used as building blocks to create healthcare equipment, devices and technologies.