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.
WASHINGTON, D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) supports Senator Jim Inhofe’s (R-OK) Congressional Review Act resolution to disapprove the Environmental Protection Agency’s (EPA) Risk Management Program (RMP) rule.
WASHINGTON, D.C. – The American Fuel & Petrochemical Manufacturers (AFPM) filed comments on the U.S. Environmental Protection Agency’s proposed amendments to the Risk Management Program (RMP) of the Clean Air Act asking it to withdraw the proposal.
Although President Obama’s controversial Clean Power Plan (CPP) has been debated at length for several months, its legal failings finally came under the microscope during oral argument in W Virginia et al. v EPA et al. in the DC Circuit Court of Appeals on September 27.
Nothing is more important than the health and safety of our people and our communities—the communities where our employees live, work and go to school.
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.
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).
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.