As the 2016 presidential election cycle heats up, a lot of the candidates are talking about how to revitalize the middle-class. Such a focus is welcome and overdue.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson today issued the following statement in response to the Trump Administration’s decision not to appeal the 10th Circuit ruling that would effectively end the small refinery relief program established by Congress under the Renewable Fuel Standard.
WASHINGTON, D.C. – President Trump and Commerce Secretary Wilbur Ross are being urged by some to intervene in the energy market and limit refiners’ access to globally sourced crude.
We enter the official 2020 hurricane season in June with a full appreciation that this year brings additional challenges as our nation continues a fight against a different yet deadly type of storm.
An exhaustive study by top scientists at three government agencies in two countries (DOT, DOE, and Transport Canada) has found no evidence for restricting the vapor pressure of crude oil transported by rail.
Fuel supply limitations resulting from the impact of hurricanes and other natural disasters on infrastructure, for example, can lead to price increases as the market reacts to rebalance supply and demand.
Limiting California’s access to the exact types of crude oil its facilities need will only increase prices for the state’s consumers and travelers. Drivers are already dealing with gasoline prices in excess of $5 per gallon and the highest fuel taxes of the 50 states. Confining energy producers and consumers to a smaller pool of crude oil will make a very sensitive price environment that much worse.
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.
Fuel supply restrictions resulting from hurricanes and other natural disasters, often lead to price increases as the market reacts to rebalance supply and demand. To protect consumers, many states have enacted price gouging laws that limit a merchant’s ability to raise prices during an emergency.
