American Fuel & Petrochemical Manufacturers (AFPM)’s Post

Transcript

Crude oil is largely worthless until a refinery turns it into something. The refining industry turns crude oil into the fuels that power in the economy. As an analyst, I pay attention to the oil markets and the impact of things that are going on in the world. Helping people understand how much energy is really consumed in the form of petroleum products is really what lights up my brain. Virtually everything that industries make, build, or grow depends on access to affordable energy. Think about manufacturing a car. Every single step in that supply chain requires fuels made by American refiners. Without petroleum, there is a big gap in supplying the energy that is needed. the US refining industry is essential for keeping the economy moving.