As we celebrate the 250th anniversary of our great country, I want to stop and reflect on the role the U.S. refining, petrochemical, and midstream energy industries have played in the United States' rise from a loose collection of colonies into the global superpower we are today. Our country's trajectory changed dramatically with the dawn of refining in 1850 and the first commercial oil well in 1859.
Fuels, petrochemicals, and pipelines helped grow our economy, expand our infrastructure, and build our middle class. They connected communities, powered innovation, and created the products we rely on every day — from medical devices to cell phones and everything in between.
I can’t tell you for sure what the next 250 years will bring for America, but I can tell you this: Our refiners, petrochemical manufacturers, and midstream energy workforce will play a key role in it, and we’ll continue to create, adapt, and innovate along the way.
Happy Fourth of July!
2/ On the domestic side, meeting the final RVOs requires FAME #biodiesel to run essentially at its highest sustained pace on record and #renewable#diesel to run well beyond any pace it has ever achieved, with the combined sector operating at 90% of operable capacity in 2026 and 95% in 2027.
https://t.co/sY99qRNFCa
1. While you are waiting for the June WASDE this morning, check out my latest analysis of the RFS RVOs for 2026 and 2027 with Todd Hubbs. In this FDD, we tackle how D4 RIN requirements may play out in the physical biomass-based diesel domestic and import markets. https://t.co/GzAeU87fjx
Today, Utah elected officials and industry leaders announced an agreement around House Bill 575 to increase the state’s fuel supply and support refining capacity. AFPM applauds the leadership of @GovCox, Senate President @JStuartAdams and House Speaker @mschultz_12 for building consensus around this legislation.
House Bill 575 will help Utah lean into its advantages as an energy powerhouse. @UtahPetroleum
Pipelines allow Americans access to affordable liquid fuels and petrochemicals, but too often, critical pipeline projects get delayed in the federal review process. The bipartisan SPEED Act will reform the parts of the National Environmental Policy Act others have misused to stymie infrastructure and connect more Americans to the reliable energy they need.
AFPM urges support for this legislation, and we’d like to thank @RepWesterman and @NatResources for prioritizing permitting reform.
Later today, the House will vote on my bill, the REFINER Act, a bill that would cut through red tape surrounding the important work American oil refineries do and support lower gas prices.
I urge my colleagues to vote in support of this bill, it’s time to unleash American energy!
The CEOs of PBF Energy and Monroe Energy are raising the alarm about the 2026-2027 Renewable Fuel Standard:
“The Environmental Protection Agency’s proposed two-year expansion of the Renewable Fuel Standard, the federal biofuel mandate, directly raises the price of gasoline and threatens America’s oil refineries. If finalized as proposed, refiners’ RFS compliance costs would rise to record levels, putting fuel-manufacturing capacity at greater risk, with prices increasing at the pump.”
Thank you to @RepMikeKennedy for introducing the Protect Consumers from Reallocation Costs Act in the House.
The EPA is proposing to add more than a billion gallons to the 2026-2027 Renewable Fuel Standard, reassigning volumes waived from small refineries in previous years onto their competitors moving forward. This is like your neighbor getting a tax break and the IRS showing up at your doorstep with the bill. Reallocation is wrong, and it's even worse when it's on top of the biggest, most expensive RFS in history.
We appreciate Rep. Kennedy's swift action introducing this bill to prohibit RFS reallocation.
We’ll be blunt here: The EPA’s proposed 2026-2027 Renewable Fuel Standard (RFS) is at odds with the President’s “energy dominance” agenda.
This proposal can only be met if the U.S. significantly *increases* imports of foreign biofuels and feedstocks. For an administration that prioritizes American energy dominance and affordability, this RFS proposal is way out of line.
“The Renewable Fuel Standard program is broken. It is a failed approach to ethanol. It has raised prices for consumers. It has threatened the jobs of American energy workers.” - @SenJohnBarrasso, speaking on the Senate floor today
Thank you, senator, for your leadership on this issue.
"Re-allocation is not required and will do nothing to increase the production of biofuels in previous years. It will just make the US more dependent on imported biofuels and feedstocks while increasing cost burdens on the American people,” @AFPMonline CEO Chet Thompson said.
2. California’s ban on sales of new gas cars was a clear violation of the Clean Air Act, unprecedented in its reach and unquestionable in its national impact.