Experts are predicting this year’s season to be similar to last or even a little less severe, with Colorado State University Tropical Forecast calling for 13 named storms, six hurricanes and two category 3 or higher hurricanes. And as they do every year, refining and petrochemical companies are doing their part to ensure they are prepared for every possible scenario and batting down the hatches, if you will.
In a tight refined product market it has been U.S. refiners that have stepped up. Our industry ran full-out for most of 2022 making sure American consumers, our domestic economic centers and our allies had enough gasoline, diesel and jet fuel to keep everyone moving. Our refining sector leads the world in liquid fuel production and is effectively doing more than any other to bring better balance to the global market.
Visit AFPM’s Hurricane and Weather Event Resource Center for more information on steps being taken to ensure the safety of our members’ facilities, their employees and the communities that surround them.
WASHINGTON, D.C. – The American Fuel & Petrochemical Manufacturers today issued the following statement regarding the Advanced Biofuels Association’s motion for an injunction against EPA, which seeks to prevent additional small refinery exemptions under the Renewable Fuel Standard.
As we head into the Memorial Day weekend, the unofficial start of the summer driving season, many begin to pay closer attention to gasoline prices. This should be no surprise since over 37 million...
WASHINGTON, D.C. – Today, Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers, made the following statement regarding the Administration’s announcement of tariffs on products made in Mexico.
Hurricane season is coming — beginning June 1 and lasting through the end of November — and with it comes unpredictable storms and heightened risks. With forecasts predicting up to 19 named storms and 10 hurricanes — the refining and petrochemical industries are prepared.
Every day, U.S. consumers purchase more than 350 million gallons of gasoline to get to work and school, to go on vacation and to see family. But what goes into the price we pay for gasoline?