America’s refining and petrochemical community employs and supports over three million people, hiring individuals from all education levels to fill a wide range of positions (such as welders, electricians, chemists, and engineers).
Not only do the fuel and petrochemical industries make it possible, they’re also responsible for preserving and maintaining some of the best-known landmarks all over the world. Read on to join us for a ‘round the globe trip to some of the world’s most famous petrochemicals!
In 2015, after years of building a collection of over 600 pipeline real-world “test specimens” to be used for advanced pipeline safety research, the Pipeline Research Council International (PRCI) opened the Technology Development Center (TDC) in Houston, Texas.
AFPM President and CEO Chet Thompson and API President and CEO Mike Sommers sent a letter to President Biden responding to recent letters the Administration sent to major U.S. fuel refiners suggesting that these companies, their workforces and facilities throughout the country aren’t doing their part to bring fuel to the market and lower energy costs for consumers.
A central theme running through the “Better Deal” economic policy agenda that the Democratic Party rolled out this week is the importance of creating—and protecting—good-paying jobs – jobs that will help boost middle-class incomes and create new economic opportunities nationwide.
If someone is telling you something that is too good to be true, it’s probably because it is. In this case, it’s the ethanol lobby that is advancing a bill under the guise of “consumer choice,” that...
Publicly owned companies, like many U.S. refineries, have a fiduciary responsibility (which is a legal obligation) to act in the best interest of their shareholders, and that extends to how companies spend their earnings. Often, earnings are spent on a combination of the following: direct dividends, stock buy back programs, paying down debt and capital investment projects.
Alongside the publication of AFPM’s new study, “The Fuel & Petrochemical Supply Chains: Moving the Fuels & Products That Power Progress,” Flash Point interviewed leaders working on U.S. midstream infrastructure issues.