Every day, AFPM members make products that improve our lives and contribute to human progress — including fuels like gasoline, diesel and jet fuel that facilitate access to vital health services, and petrochemicals used as building blocks to create healthcare equipment, devices and technologies.
The unprecedented disaster wrought by Hurricane Harvey has the safety of friends, family, colleagues and communities along the Gulf Coast weighing heavy on our minds and hearts.
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.
Negotiations to modernize the North American Free Trade Agreement (NAFTA) are a chance to boost the competitiveness of U.S. companies in Canada and Mexico and solidify the preeminent role U.S. refiners and petrochemicals producers play in enabling global transportation and manufacturing.
*The op-ed below originally appeared in the Houston Chronicle on Monday, February 19, 2018 President Trump clinched a historic victory with tax reform. Now he needs to avoid making a historic mistake...
Last spring,11-year-old Q’yaron Gadsonrode his bicycle up to a neighbor mowing his lawn to ask if he could assume the job that summer to gain work experience.
As American manufacturers champion their contributions to economic competitiveness and product innovation today, the industry has yet another reason to celebrate – U.S. manufacturing employment is still on the rise.
Some policymakers are rumored to be considering a ban on crude oil and/or U.S. refined product exports. This would be a mistake. Ending U.S. crude oil or refined product exports won’t help U.S. consumers by lowering prices at pump. In fact, it could make things even worse. Let’s take a closer look at how a refined product export ban would affect gasoline and diesel supplies and, thus, prices in the United States and around the world.
Refinery utilization, measures how much crude oil refineries are processing or “running” as a percentage of their maximum capacity. It tells us roughly how much of our refining muscle is being put to work manufacturing fuel. American refineries are running full-out, at about 95% of total capacity, contributing more fuel—gasoline, diesel, jet fuel, etc.—to the global market than any other country. In fact, U.S. refineries process more crude oil every day than the United States produces, and we make more finished fuels than the United States consumes.