API and AFPM release joint statement
Published by Bella Weetch,
Editorial Assistant
Hydrocarbon Engineering,
The American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) have released the following joint statement on US Energy Secretary Jennifer Granholm's meeting with leaders from the US refining industry.
"Secretary Granholm’s meeting with American refiners today was a constructive discussion about ways to address rising energy costs and create more certainty for global energy markets. While these challenges and their causes are complex—from Russia’s war in Ukraine to market imbalances leftover from COVID-19-productive outcomes today should send a positive signal to the market that the US is committed to long-term investment in a strong US refining industry and aligning policies to reflect that commitment. Our industry will continue to seek opportunities to work with policymakers to unlock American energy, fuel economic recovery, and strengthen our national security."
API represents all segments of America’s natural gas and oil industry, which supports more than 11 million US jobs and is backed by a growing grassroots movement of millions of Americans.
The AFPM is the leading trade association representing the makers of the fuels that keep us moving, the petrochemicals that are the essential building blocks for modern life, and the midstream companies that get our feedstocks and products where they need to go.
Read the article online at: https://www.hydrocarbonengineering.com/refining/27062022/api-and-afpm-release-joint-statement/
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