Biden Administration Should Take a Sober Look at Its Own Energy Policy

WASHINGTON, D.C. – "Federal policy is discouraging supply by shutting down pipelines, putting future production off limits, talking down the future of the petroleum business, and imposing expensive requirements on refineries, chief among them a burdensome Renewable Fuel Standard. The Administration is blaming others when it ought to take a sober look at its own energy policy."

The Manufacturers Revolutionizing Plastic Recycling

In 2019, Chevron Phillips Chemical (CPChem)’s Sustainability Technical Manager Ron Abbott was given a seemingly insurmountable challenge: by 2020, make CPChem the first company in the U.S. to announce commercial production of a circular polymer made by converting plastic waste into the chemical building blocks for new plastic. A cross-functional team was launched and started chipping away at the goal.

AFPM Members and Government Work Together to Address the Dual Energy Challenge

Behind government “moonshots” and corporate sustainability pledges lie multitudes of technological innovations required to make these aspirations possible. The fuel and petrochemical industries play critical roles in advancing and scaling the new technologies that will help us address the dual challenge of providing the products the world needs to thrive while operating in an increasingly sustainable way.

Energy Market Impacts on Fuel and Petrochemical Prices

COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.

AFPM Members Lend a Hand After Hurricane Ida

Hurricane Ida knocked out power to over one million people and created devastation that will take months to address. But as soon as the storm passed, the fuel and petrochemical industries began stepping up with financial assistance, in-kind donations and in-person support to help affected communities recover and rebuild.