Have you ever wondered how crude oil or natural gas is processed, and how it becomes the building blocks of products we use everyday? This infographic gives a basic snapshot of how petrochemical...
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).
America’s refiners and motor gasoline suppliers are facing an unprecedented inventory management challenge as the national response to COVID-19 has reduced domestic demand for fuel.
WASHINGTON, D.C. – Richard Moskowitz, General Counsel of American Fuel & Petrochemical Manufacturers, made the following statement on North Dakota and Montana’s petition for a preemption determination regarding Washington state’s new law on allowable vapor pressure limits for crude-by-rail transport.
Earnings in commodities-based industries tend to be cyclical. Because of the up-and-down reality of refining, it would be a mistake to regulate or legislate based on the high points. A few quarters of earnings don’t provide an accurate representation. That context is important for answering the question of what happens with refinery profits and whether using earnings to “buy back” stock from shareholders is an appropriate use of those funds.
America’s freight rail system is an essential part of our national and global supply chains, including those for fuels and petrochemicals. While a work stoppage would be devastating, service curtailments and other strike impacts will be felt much sooner—before a strike is formally launched. As we learned this September, railroads will begin metering traffic and embargoing shipments of materials critical to the refining and petrochemical industries up to a week or more before a strike begins.
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.
In advance of the AFPM Summit, AFPM Vice President of Technical and Safety Programs Lara Swett and Technical Operations Program Leader Alyse Keller talk about one of AFPM’s premier safety programs, Walk the Line.
Behind government “moonshots” and corporate sustainability pledges lie multitudes of technological innovations required to make these aspirations possible. The fuel and petrochemical industries play critical roles in advancing and scaling the new technologies that will help us address the dual challenge of providing the products the world needs to thrive while operating in an increasingly sustainable way.