WASHINGTON, D.C. – Chet Thompson, president and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), today issued the following statement in response to comments by Vice President Joseph R. Biden Jr. in last night’s presidential debate
Before the pandemic hit, the nation’s manufacturing sector — including the refining and petrochemical industries — was wrestling with how to find and train enough young people to replace the wave of Baby Boomers retiring from the workforce at a rate of nearly 6,000 per day.
For more than 100 years, the women and men of our industries have answered the call to serve when our country needed them. Through war, economic shocks, and natural disasters, refiners and petrochemical manufacturers have helped build new industries, grow our economy and fuel progress.
The fuel and petrochemical industries employ highly trained, talented people who produce the fuels, feedstocks and products that are critical to the well-being of our economy and country. Supporting...
Dramatic predictions and commentaries about the potential impact of the COVID-19 pandemic on the future of the fuel and petrochemical industries have made headlines.
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).
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.
We took a moment to speak with Adam Ali, AFPM’s Manager of Workforce Development, about changes in the workplace employees are experiencing – including what happens when someone tests positive for COVID-19 — and actions being taken to protect and support the workforce.