As we approach the 2022 hurricane season, experts are predicting yet another severe year, with some saying it will compare to last year. No one knows how accurate these predictions will be, but we can...
The United States has the most complex and efficient refining industry in the world, but we also have less refining capacity than we used to. Where the issue of refining capacity is concerned, it’s important to understand what refining capacity is, why we’ve lost capacity in the United States and how policies can advance the competitiveness of our refineries in the global market.
Petrochemicals derived from oil and natural gas are the building blocks for products that protect our military personnel, create medical advancements to help save lives in combat, and aid our wounded warriors.
Governor Gavin Newsom continues to blame fuel refiners for California’s highest-in-the-nation fuel prices. He couldn't be more wrong. The problem and solution to much of California’s fuel price challenge can be found in Sacramento policy. Take a look to better understand the role of policy in regional price differences, why it’s inaccurate to equate “margins” or “refinery cracks” with “profits,” and why windfall profit taxes are a known policy failure.
AFPM President and CEO Chet Thompson testified before a House Energy & Commerce subcommittee on legislation aimed at preserving U.S. energy security and Americans’ ability to purchase the fuels and vehicles of their choosing while continuing to move the transportation sector in a more efficient and less carbon intensive direction.
Visit AFPM’s Hurricane and Weather Event Resource Center for more information on steps being taken to ensure the safety of our members’ facilities, their employees and the communities that surround them.
