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.
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...
WASHINGTON, D.C. – The United Steelworkers—on behalf of their 1.2 million active and retired members, and the American Fuel & Petrochemical Manufacturers, in a joint letter, have petitioned President Biden to fill the four empty seats on the Chemical Safety & Hazards Investigations Board (CSB).
A nationwide 95 RON octane standard for vehicles can deliver major carbon reductions in the nation’s light-duty auto fleet faster and at a lower cost than any other proposal being considered by policymakers right now, especially policies seeking to force nationwide vehicle electrification.
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.
Building on decades of broader efforts alongside automakers to advance fuel-efficient technologies and vehicles, refiners are leading the effort to transition the U.S. to high-octane gasoline.
