AFPM President and CEO Chet Thompson issued the following statement in response to the White House’s latest announcement of a release of crude oil from the SPR: “The SPR was never meant to serve as a substitute for actual crude oil production. At best, SPR releases are a short-term fix, not a long-term solution or signal of stability to a market craving reassurance..."
AFPM Senior Director of Fuels and Vehicle Policy, Patrick Kelly, testified during the Environmental Protection Agency’s (EPA’s) public hearing on the proposed Renewable Fuel Standard (RFS) “Set” Rule. EPA’s proposal will stifle advanced biofuels, promote first generation biofuels beyond the market’s ability to absorb them and shift overall RFS growth away from liquid biofuels and into the power electricity sector. This is completely contrary to how congress envisioned EPA’s handling of the program.
The U.S. refining industry is the most competitive in the world, which is a benefit to American households. Our complex facilities are uniquely suited to handle difficult-to-refine crude oil and other petroleum feedstocks that refineries elsewhere cannot process. This creates competitive advantage. At the same time, the United States is able to sell some of our higher-quality crude to countries that need it. This combination is powerful.
WASHINGTON, D.C. – Statement from Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM), in response to the letter sent by 21 senators to Acting Administrator Wheeler of the Environmental Protection Agency.
WASHINGTON, D.C. - Statement from Chet Thompson, President and CEO of the American Fuel & Petrochemical Manufacturers (AFPM) in response to the EPA’s proposed RVOs for 2019
As biofuel producers know very well, ethanol is a highly valued octane booster that can depend on market demand, not mandated consumption, for its competitive edge.
Hurricane Michael, currently graded as a Category 4 storm, made landfall on the Gulf Coast today, directly hitting the Florida Panhandle and potentially impacting more than 300 miles in the region.
The Wall Street Journal editorial board is questioning the legality and rationality of President Trump’s recent order to have the Environmental Protection Agency (EPA) change long-standing Clean Air Act rules to accommodate the year-round sale of E15 fuel (gasoline blended to contain 15-percent ethanol).
BAYTOWN, TEXAS – A decade ago, when Mike Zamora ran ExxonMobil’s Baytown petrochemical plant, his vision to expand the facility and boost its capacity was nothing but a pipe dream.
Congress established the mandate for cellulosic biofuel under the RFS in 2007. The basic idea was that requiring ambitious volumes of cellulosic fuel to be incorporated into the fuel supply would create and simultaneously mature the market for cellulosic ethanol and biofuels, but that’s not what happened.