What’s New
AFPM: Latest rail merger application raises the stakes for STB to restore and enhance competition in freight rail
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement on the official filing of the latest Class 1 freight rail merger application with the Surface Transportation Board (STB).
AFPM: SPEED Act will help more Americans benefit from connectivity to fuels, energy
WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement on H.R. 4776, the Standardizing Permitting & Expediting Economic Development (SPEED) Act, up for consideration this week in the House of Representatives.
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.