How Gas Prices Are Determined
Though consumers buy gasoline locally, prices for the fuel are largely determined by the global market for crude oil from which it is made.
Recent Posts
Why modernizing NAFTA could be a boon for the U.S. economy
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.
AFPM Supports House Resolution Opposing Oil Tax
WASHINGTON, D.C. – Statement by American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson on the House Concurrent Resolution 112, expressing the sense of Congress opposing President Obama's proposed tax on every barrel of oil:
AFPM Responds to President Obama’s Final State of the Union Address
WASHINGTON, D.C. – American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson released the following statement in response to President Obama’s State of the Union address: