What’s New
Newsom windfall tax = CA’s latest self-inflicted policy wound
AFPM issued the following statement on the passage of California legislation that will empower the state’s unelected bureaucracy to impose an effective windfall tax and massive regulatory burden on the state’s remaining refineries. "...Add this legislative cocktail to the list of self-inflicted policy wounds for a state already bleeding people."
AFPM members partner with first responders to improve community safety
Nothing is more important to the fuel and petrochemical industries than the safety of our employees, communities and the environment. U.S. refiners and petrochemical manufacturers invest extensively to help provide equipment, funding and training for emergency response units.
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.