What’s New
AFPM disappointed by U.S. Court of Appeals decision limiting STB authority, urges Congress to engage
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) today issued the following statement from Rob Benedict, AFPM Vice President of Petrochemicals & Midstream, in response to the recent ruling limiting the Surface Transportation Board’s (STB) authority.
Summer fun… brought to you by American-made fuels & petrochemicals
Summertime means sunshine, sundaes and summer travel, so it’s no surprise that many Americans spend more time this season on the road, on the water and in the air. Whether vacationing or visiting family and friends across the country and around the world, petroleum fuels 90% of transportation energy demand in the United States and remains the number one source of energy worldwide.
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.