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.
Coronavirus developments are front of mind for everyone, including the staff at AFPM. We took a moment to speak with Jeff Gunnulfsen, senior director, security and risk management, about industry preparedness for the pandemic.
Building on decades of broader efforts alongside automakers to advance fuel-efficient technologies and vehicles, refiners are leading the effort to transition the U.S. to high-octane gasoline.
Often overlooked in the compendium of efforts toward a cleaner vehicle fleet are bold, industry-led innovations inefficient liquid fuels, vehicle designs and internal combustion engines that continue to dramatically reduce tailpipe emissions.
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.
WASHINGTON, D.C. – President Trump and Commerce Secretary Wilbur Ross are being urged by some to intervene in the energy market and limit refiners’ access to globally sourced crude.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson issued the following statement on the agreement finalized today to end the OPEC+ oil price war.