The United States has the most complex and efficient refining industry in the world, but we also have less refining capacity than we used to. Where the issue of refining capacity is concerned, it’s important to understand what refining capacity is, why we’ve lost capacity in the United States and how policies can advance the competitiveness of our refineries in the global market.
Plastic roads and buildings, the influence of energy and petrochemicals in geopolitics, and chemical and molecular recycling processes that could create a truly circular economy for plastic products were just a few of the topics discussed at AFPM’s 44th International Petrochemical Conference (IPC) in San Antonio last week.
As petrochemicals and recycling advancements give old plastic new life over and over again—from shoes and clothes made of recycled plastic recovered from the ocean, to plastic bottles being chemically recycled into fuel and a raw material to make new petrochemicals—what it means to “recycle” is changing right before our eyes.
Because of the extensive safety and mitigation steps refiners take wherever hydrofluoric acid (HF) alkylation is concerned, the risks from this process pale in comparison to those we assume every day when we engage in routine activities like riding a bike, driving a car and playing with pets.
AFPM opposes the Inflation Reduction Act as written. We evaluated the bill against our core principles, specifically whether the legislation would support strong U.S. refining and petrochemical industries and whether it pursued emissions reductions in a market-based and cost-effective manner. Unfortunately, the IRA falls short of these goals.
Thursday, August 18, AFPM President and CEO Chet Thompson sent a letter to House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-OR) and Ranking Member Sam Graves (R-MO) making...
The American Fuel and Petrochemical Manufacturers (AFPM) President and CEO Chet Thompson and American Petroleum Institute (API) President and CEO Mike Sommers today sent a letter to U.S. Secretary of Energy Jennifer Granholm raising significant concerns that the administration could pursue a ban or limits on refined petroleum products. “Banning or limiting the export of refined products would likely decrease inventory levels, reduce domestic refining capacity, put upward pressure on consumer fuel prices, and alienate U.S. allies during a time of war,” Thompson and Sommers wrote.
The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute (API) today released the following statement after a meeting that included Secretary of Energy Jennifer Granholm, senior White House officials and leaders of the top U.S. refining companies
WASHINGTON D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) participated in oral arguments today in the U.S. Court of Appeals for the D.C. Circuit in the case Americans for Clean Energy et al. v. EPA et al. (case number 16-1005).
WASHINGTON, D.C. – Today, Chet Thompson, President & CEO of The American Fuel & Petrochemical Manufacturers (AFPM), released the following statement on the joint proposal by the National Highway Traffic Safety Administration (NHTSA) and the Environmental Protection Agency (EPA) to revise 2021 – 2026 fuel economy standards