Petrochemicals

COVID-19 upended energy markets. Demand disappeared and producers scaled back. Now that economies are reopening, and the demand for goods and services is rebounding, the demand for energy all along the supply chain is increasing, driving up not only the cost of the feedstocks and fuels refineries and petrochemical manufacturers use, but also the cost of the energy used at every step of the supply chain.

WASHINGTON, D.C. – This decision by the Canadian government to designate plastic manufactured items as “toxic” is unwarranted and not based in science.

Dramatic predictions and commentaries about the potential impact of the COVID-19 pandemic on the future of the fuel and petrochemical industries have made headlines.

The fuel and petrochemical manufacturing industries have come a long way from the simple thermal stills used to create kerosene in the 19th century to today’s sophisticated, high-tech and complex facilities that help provide America — and the world — with the fuels, petrochemicals and products that we all rely upon every day.

As industries with deep-running safety cultures and critical roles in product supply chains, the fuel and petrochemical industries are uniquely positioned to share vital products with some of those most in need during the COVID-19 pandemic.

The U.S. fuel and petrochemical industries have a long history of stepping up and innovating to meet our country’s needs.

Flatten the curve. Those three words represent life or death for millions of Americans as efforts to stem the spread of the COVID-19 pandemic persist.

An exhaustive study by top scientists at three government agencies in two countries (DOT, DOE, and Transport Canada) has found no evidence for restricting the vapor pressure of crude oil transported by rail.