A new campaign from the American Fuel & Petrochemical Manufacturers (AFPM) spotlights the surging costs and unprecedented impact of biofuel mandates on U.S. refineries and the need for immediate action to get RFS costs under control.
Last week, the Environmental Council of the States (ECOS) held their spring meeting in Washington, D.C. to discuss, among several things, the changing energy and regulatory landscape during a Trump administration.
Statement from Chet Thompson: A plain reading of the RFS makes clear that Congress intended for the small refinery hardship program to be a lasting safety net. There is no “use it or lose it” provision.
This week, AFPM joined API and industry associations representing fuel retailers, gasoline marketers, convenience stores and tank truck carriers to field questions from the media about the ongoing fuel distribution challenges resulting from the Colonial Pipeline shutdown.
The Renewable Fuel Standard (RFS) today adds an extra 22-cents to the cost of manufacturing a gallon of gasoline and an additional burden to consumers at the pump due to high ethanol costs.
AFPM President and CEO Chet Thompson and API President and CEO Mike Sommers sent a letter to President Biden responding to recent letters the Administration sent to major U.S. fuel refiners suggesting that these companies, their workforces and facilities throughout the country aren’t doing their part to bring fuel to the market and lower energy costs for consumers.
We are surprised and disappointed by the President’s letter. Any suggestion that U.S. refiners are not doing our part to bring stability to the market is false. We would encourage the Administration to look inward to better understand the role their policies and hostile rhetoric have played in the current environment.
WASHINGTON — American Fuel & Petrochemical Manufacturers (AFPM) and the American Petroleum Institute (API) released the following joint statement on U.S. Energy Secretary Jennifer Granholm's meeting...