The U.S. is home to the most efficient and sustainable refining sector in the world, bolstering American energy security, supporting millions of well-paying jobs, and reliably providing the fuels the world needs to run. U.S. refiners have made major investments to continuously reduce the emissions of products and operations.
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.
The Renewable Fuel Standard is more expensive in 2021 than at any other point in the program’s 15-year history. Soaring RFS prices signal that the RIN bank could run dry.
AFPM is very pleased with this ruling and hopes that EPA now moves expeditiously to provide critical relief to those small refineries that have demonstrated disproportionate economic harm.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson today issued the following statement in response to the Trump Administration’s decision not to appeal the 10th Circuit ruling that would effectively end the small refinery relief program established by Congress under the Renewable Fuel Standard.
America’s refiners and motor gasoline suppliers are facing an unprecedented inventory management challenge as the national response to COVID-19 has reduced domestic demand for fuel.
AFPM Senior Petrochemical Advisor Jim Cooper answered a few questions to help illuminate some of the ways that petrochemicals—and the industries that produce them—are working to protect people from the coronavirus.
AFPM Senior Petrochemical Advisor Jim Cooper talks about the central role of petrochemicals in health care, and why the petrochemical industry is considered critical infrastructure.
WASHINGTON, D.C. – A bipartisan group of governors from Texas, Louisiana, Oklahoma, Utah, and Wyoming have petitioned EPA Administrator Andrew Wheeler to exercise his agency’s general waiver authority to waive Renewable Fuel Standard (RFS) compliance burdens for the year 2020 due to the experience of severe economic hardship throughout the refining industry and nationally amid COVID-19.