The temporary enforcement policy announced by the Environmental Protection Agency (EPA) triggered criticism about some in the oil and gas industry getting a “license to pollute” during a public health emergency.
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.
WASHINGTON, D.C. – Chet Thompson, president and CEO of the American Fuel and Petrochemical Manufacturers, today issued the following statement applauding the passage of S. 1982, the Save Our Seas Act.
AFPM recently voiced its disappointment at the decision by the U.S. Supreme Court not to hear ExxonMobil’s challenge to the New Hampshire Supreme Court’s decision to uphold a $236 million judgment against the company’s use of Methyl Tertiary Butyl Ether (MTBE) in the state’s gasoline supply in the 1990s.
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.
Hurricane Ida knocked out power to over one million people and created devastation that will take months to address. But as soon as the storm passed, the fuel and petrochemical industries began stepping up with financial assistance, in-kind donations and in-person support to help affected communities recover and rebuild.
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.