Restricting exports would be a major unforced error for the President, tightening global fuel supplies, throttling U.S. fuel production and increasing costs for American consumers. Likewise, imposing product inventory requirements boils down to siphoning gasoline and diesel into storage, and away from consumers.
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.
2019 has ushered a slew of energy conferences to the oil- and gas-friendly state of Texas, and in some cases the media took issue with the lack of diversity — mainly women.
San Antonio, Texas – The American Fuel & Petrochemical Manufacturers (AFPM) today presented Senator Ted Cruz of Texas with the AFPM Leadership Award at its 117th Annual Meeting in San Antonio, Texas.
Visions of a more sustainable and tech-enabled future dominated the agenda at the American Fuel & Petrochemical Manufacturers’ 117th annual meeting in San Antonio last week.
Dallas was abuzz recently with more than a thousand refining and petrochemical industry leaders and top names from the worlds of news, politics and global economics convening for AFPM’s 2024 Annual Meeting. With the contentious 2024 election season, massive regulatory onslaught out of Washington, D.C., and the ever-changing and rebalancing global markets all discussed at the event, five key themes stood out.
