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
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.
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.
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.
Many waste items provide important value before being tossed into a bin. Discarded plastic products, for example, originally serve as packaging to keep school lunches fresh, lightweight bottles for efficiently transporting fresh water to hard-to-reach areas, containers for soaps and detergents that facilitate hygiene – and much more.
Drones are cutting edge technology that have received an uptick in attention over the last couple of years—gaining notoriety despite their beneficial commercial and recreational uses.