Oil markets are famously sensitive to uncertainty. Global conflict can send prices higher on concerns that crude oil supplies could be disrupted. This is playing out in response to Russia’s unprovoked acts of war against Ukraine. Russia is a major supplier of crude oil and other energy products globally, though less so in the United States. In recent days, many market participants have committed to stop purchasing Russian oil. Shipping companies are concerned about loading cargoes from Russia and some shippers are finding the cost associated with such cargoes too high. These moves are tightening an already tight market.
WASHINGTON, D.C. – AFPM released this statement in response to the Council on Environmental Quality’s announcement of its final rule to update and modernize its National Environmental Policy Act (NEPA) regulations
With recent plastic waste legislation from New York and New Jersey making headlines, we sat down with AFPM Senior Director of Petrochemicals, Transportation and Infrastructure Rob Benedict to discuss the petrochemical industry’s role in reducing plastic waste, new technological breakthroughs and how AFPM analyzes plastic waste policy proposals.
WASHINGTON, D.C. – This decision by the Canadian government to designate plastic manufactured items as “toxic” is unwarranted and not based in science.
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) today issued the following statement from Rob Benedict, AFPM Vice President of Petrochemicals & Midstream, commending the U.S. Surface Transportation Board (STB) on its unanimous decision to amend the emergency service regulations for freight rail. The final rule, finalized Wednesday, streamlines the process for rail shippers to request and receive emergency relief when faced with severe deteriorations in rail service.
To produce essential goods for U.S. and global consumers, AFPM members need a safe, reliable and efficient rail system to move materials to and from refineries and petrochemical facilities.
In 2015, after years of building a collection of over 600 pipeline real-world “test specimens” to be used for advanced pipeline safety research, the Pipeline Research Council International (PRCI) opened the Technology Development Center (TDC) in Houston, Texas.
AFPM welcomes the Environmental Protection Agency’s (EPA’s) efforts in developing a Draft National Strategy to Prevent Plastic Pollution, but consistent with comments submitted to the Agency, we urge a revision of their strategy. To prevent plastic pollution, we encourage EPA to embrace policies that enable, not hinder, a circular economy for plastics where we use a range of technologies and strategies to recover post-consumer plastic and transform it back into usable materials.
Increasing public interest in pipelines in recent months prompted us to speak with AFPM Senior Director of Petrochemicals, Transportation, and Infrastructure Rob Benedict to gain some insight into the hidden role of pipelines in our everyday lives.