The petrochemical and petroleum refining industries are always in flux. Whether it is new supplies like oil sands-derived synthetic crudes or tight oil crudes and condensates; new technologies like...
It is not uncommon for stereotypes to be repeated long after they are no longer valid and to be considered received wisdom even in the face of evidence to the contrary.
Some things don’t change and allow me to say “thank goodness for that” because dealing with changes can be exhausting. So I’m sure that you will find it reassuring to know that you can count on...
Hurricane Irma passed through Florida and into the Southeast over the weekend, and our thoughts and prayers are with the state and its residents as they begin to recover from this devastating storm.
WASHINGTON, D.C. – Today, amid concerns about the spread of COVID-19, the American Fuel & Petrochemical Manufacturers has made the difficult decision to cancel its Annual Meeting slated to take place March 22-24 in Austin, Texas, and the International Petrochemical Conference scheduled for March 29-31 in New Orleans.
We are surprised and disappointed by the President’s letter. Any suggestion that U.S. refiners are not doing our part to bring stability to the market is false. We would encourage the Administration to look inward to better understand the role their policies and hostile rhetoric have played in the current environment.
The United States has the most complex and efficient refining industry in the world, but we also have less refining capacity than we used to. Where the issue of refining capacity is concerned, it’s important to understand what refining capacity is, why we’ve lost capacity in the United States and how policies can advance the competitiveness of our refineries in the global market.
