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WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement on today’s vote by the California Air Resources Board (CARB) amending the state’s Low Carbon Fuel Standard (LCFS).

WASHINGTON, D.C. — American Fuel & Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson issued the following statement on the final results of the 2024 general election.

Pundits and politicians often frame energy technologies like solar generation and liquid fuels as competitors, not companions. But a visit to Flint Hills Resources’ Pine Bend refinery might change their minds.

WASHINGTON, D.C. — Today, the American Fuel & Petrochemical Manufacturers (AFPM) is launching Ridin’ with Biden, a new issue ad series spotlighting Biden-Harris administration regulations that will effectively ban most new gas cars. The ads are backed by a seven-figure digital media buy across six states—Michigan, Montana, Nevada, Pennsylvania, Texas and Wisconsin—where elected officials are being urged to overturn these policies.

WASHINGTON, D.C. — AFPM President and CEO Chet Thompson issued the following statement ahead of this week’s Congressional Review Act resolution vote in the House of Representatives to overturn EPA’s regulations that aim to phase out most new gas-powered cars by 2032.

It is a common misconception that refiners set the price of gasoline. But, in fact, refiners are price takers—not price makers.

We get it. If supply and demand are what determine gasoline prices, you would think mandatory storage of even more gasoline in California might help to keep prices lower for consumers. But it’s not that simple. In fact, mandating that refiners keep significant volumes of gasoline in inventory ALL THE TIME is a recipe to raise everyday fuel costs in the California market and potentially reduce supplies of fuel available to Arizona and Nevada. And what’s worse, there’s no evidence that having more fuel in inventory would stop the occurrence of price jumps.

The U.S. refining industry has a widespread economic impact on our nation. It supports millions of American jobs and pumps billions of dollars into the economy, as documented by the new AFPM report Economic Contributions of U.S. Petroleum Refineries. Report highlights, based on the latest full year of data available through IMPLAN (2022), are featured in this blog.

WASHINGTON, D.C. — Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), issued the following statement on California Senate Bill 950, legislation which authorizes the California Energy Commission (CEC) to impose a new mandate on state fuel refiners.