Marathon Petroleum Corporation has a longstanding tradition of supporting community and educational initiatives around the country, such as the Boys & Girls Club in Carson and Los Angeles Harbor, California.
With some of the strictest environmental standards in the nation, Chevron’s El Segundo refinery in Los Angeles County, California, shows what is possible when industry works hand-in-hand with the neighboring community.
The cost of Renewable Fuel Standard (RFS) compliance credits, specifically D6 renewable identification numbers (RINs), is out of control. Sales of D6 RINs for conventional ethanol recently registered above $1.90 (the highest trades in history).
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.
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.
The temporary enforcement policy announced by the Environmental Protection Agency (EPA) triggered criticism about some in the oil and gas industry getting a “license to pollute” during a public health emergency.
As industries with deep-running safety cultures and critical roles in product supply chains, the fuel and petrochemical industries are uniquely positioned to share vital products with some of those most in need during the COVID-19 pandemic.
