What’s New
What they’re saying, part 2: Export ban is the wrong move for U.S. energy security
Previously, we shared perspectives from experts, analysts, reporters and even some current (and former) administration officials on why an export ban on U.S. crude oil or American-made diesel, gasoline and refined products would be a grave mistake. Instead of cutting prices for consumers, it would result in less U.S. fuel production, tighter supplies, greater energy security risks and higher prices. Here are even more perspectives on why an export ban is the wrong move for U.S. energy security.
Q&A: From a terminal outside Midland, Texas… How our industries change lives
Out in West Texas at one of the largest crude oil terminals in the country, AFPM’s oft-repeated line, “we make modern life possible,” rings truer than ever. Plains All American Pipeline’s Midland terminal moves roughly a million barrels of crude oil every day from the Permian Basin to refining, storage and distribution hubs, helping deliver the energy, fuels and products people rely on across the United States and around the world.
Issues and Policies
18.6 million
U.S. refining increased to more than 18.6 million barrels per day, almost 20% of global capacity.
$185 billion
Petrochemical manufacturers have invested $185 billion to expand operations to meet growing demand.