AFPM President and CEO Chet Thompson issued the following statement in response to President Biden’s State of the Union address: "Using the State of the Union to politicize market fundamentals and single out stock “buy back” programs—while overlooking the fact that the Biden administration’s own policies discourage the reinvestment of earnings back into the U.S. liquid fuel supply chain—cheapens the dialog for everyone."
In a tight refined product market it has been U.S. refiners that have stepped up. Our industry ran full-out for most of 2022 making sure American consumers, our domestic economic centers and our allies had enough gasoline, diesel and jet fuel to keep everyone moving. Our refining sector leads the world in liquid fuel production and is effectively doing more than any other to bring better balance to the global market.
Nine U.S. senators today called on the administration to uphold the law and ensure that qualified small refineries continue to have protection from disproportionate economic hardship brought on by the Renewable Fuel Standard (RFS).
Today, AFPM launched an advertising campaign asking President Trump to keep his promise to protect U.S. refiners from unchecked ethanol mandates that threaten to kill our jobs.
Mowing lawns is a summertime rite of passage in America, providing young people with experience pitching their business to neighbors, keeping a work schedule, and making and managing money—from purchasing the gasoline that fuels the operation, to budgeting for the oils and lubricants that keep a mower’s engine and blades running smoothly.
The friendly skies have never been more crowded. In 2018, 4.3 billion passengers stowed their tray tables and brought their seat backs into the upright position on their way to and from wherever they wanted — or needed — to go.
Plastic roads and buildings, the influence of energy and petrochemicals in geopolitics, and chemical and molecular recycling processes that could create a truly circular economy for plastic products were just a few of the topics discussed at AFPM’s 44th International Petrochemical Conference (IPC) in San Antonio last week.
