Have you ever wondered how crude oil or natural gas is processed, and how it becomes the building blocks of products we use everyday? This infographic gives a basic snapshot of how petrochemical...
Nine U.S. senators today called on the administration to uphold the law and ensure that qualified small refineries continue to have protection from disproportionate economic hardship brought on by the Renewable Fuel Standard (RFS).
America’s refiners and motor gasoline suppliers are facing an unprecedented inventory management challenge as the national response to COVID-19 has reduced domestic demand for fuel.
We understand the threat that weather events can pose. Our nation’s refiners and petrochemical manufacturers have developed robust preparedness measures that can be taken in the event of a hurricane or extreme weather event.
U.S. fuel and petrochemical manufacturers are committed to doing their part to limit the spread of COVID-19 while maintaining the core services and functions our nation requires daily.
WASHINGTON, D.C. – Richard Moskowitz, General Counsel of American Fuel & Petrochemical Manufacturers, made the following statement on North Dakota and Montana’s petition for a preemption determination regarding Washington state’s new law on allowable vapor pressure limits for crude-by-rail transport.
Earnings in commodities-based industries tend to be cyclical. Because of the up-and-down reality of refining, it would be a mistake to regulate or legislate based on the high points. A few quarters of earnings don’t provide an accurate representation. That context is important for answering the question of what happens with refinery profits and whether using earnings to “buy back” stock from shareholders is an appropriate use of those funds.
America’s freight rail system is an essential part of our national and global supply chains, including those for fuels and petrochemicals. While a work stoppage would be devastating, service curtailments and other strike impacts will be felt much sooner—before a strike is formally launched. As we learned this September, railroads will begin metering traffic and embargoing shipments of materials critical to the refining and petrochemical industries up to a week or more before a strike begins.