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.
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.
*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...
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.
COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.
WASHINGTON, D.C. – "Federal policy is discouraging supply by shutting down pipelines, putting future production off limits, talking down the future of the petroleum business, and imposing expensive requirements on refineries, chief among them a burdensome Renewable Fuel Standard. The Administration is blaming others when it ought to take a sober look at its own energy policy."
With the possibility that the EPA and policymakers could make updates to the Risk Management Plan (RMP) program, there are three things we encourage them to keep in mind: 1. RMP is working as intended and keeping people safe. 2. Any changes to RMP must be evidence-based and actionable. 3. Using RMP to zero in on hydrofluoric acid (HF) alkylation at refineries could have major impacts on U.S. fuel supplies.
The U.S. refining industry is the most competitive in the world, which is a benefit to American households. Our complex facilities are uniquely suited to handle difficult-to-refine crude oil and other petroleum feedstocks that refineries elsewhere cannot process. This creates competitive advantage. At the same time, the United States is able to sell some of our higher-quality crude to countries that need it. This combination is powerful.
AFPM opposes the Inflation Reduction Act as written. We evaluated the bill against our core principles, specifically whether the legislation would support strong U.S. refining and petrochemical industries and whether it pursued emissions reductions in a market-based and cost-effective manner. Unfortunately, the IRA falls short of these goals.
EPA’s existing Risk Management Plan (RMP) is doing what it was designed to do: drive continual safety improvements across workplaces to keep industry employees, contractors, facility neighbors and local environments safe. Any changes to a regulation as effective as the RMP need to be solidly evidence-based. Unfortunately, today’s proposal is filled with costly and misinformed changes, with little-to-no data to back them up. In fact, many of the proposed changes will adversely impact the safety and security missions of refining and petrochemical sites. AFPM looks forward to providing detailed comments on this proposal.
