Refiners make gasoline, diesel, jet fuel, and other essential transportation products that you and your family rely on to stay on the move.
Why should I care?
Refiners make gasoline, diesel, jet fuel, and other essential transportation products ranging from lubricants to asphalt that you and your family rely on to stay on the move. These products also ensure the necessities you use every day – food, medicine, and other essentials – are readily available in communities across America and around the world.
Why is it important?
Our domestic energy abundance is increasing national and economic security while transforming our manufacturing sector. A healthy and diverse refining industry provides secure, reliable energy and enables the United States – and its families, businesses, farms, neighborhoods, and communities – to be economically vibrant, connected, and moving forward.
What about technology?
American refineries are the most technologically advanced in the world. Last year, refiners produced over 17.9 million barrels of gasoline and other products and contributed over $289 billion to U.S. GDP in 2011. Domestic refiners spent more than $28 billion between 2008 and 2010 on capital expenditures, adding the equivalent of 20 new average sized facilities to existing refinery capacity since 1976 (API, "The State of American Energy 2014").
How about the environment?
U.S. refineries are the most sophisticated and efficient in the world, and domestic refiners have made major emissions reductions while increasing production output. According to EPA, total emissions of the six principal air pollutants has decreased by 68% since 1970. From 2003-2013, EPA analysis found that refining and chemical manufacturing Toxic Release Inventory (TRI) releases have decreased by 11% and 9%, respectively.
Where can I learn more?
Visit our education site at education.afpm.org