Continuing America’s Energy Renaissance

Healthy Fuel Chain Supply Needed to Keep Our Economy Competitive

 

Susan Grissom

Chief Industry Analyst for the American Fuel & Petrochemical Manufacturers Association (AFPM)

 

As the United States develops its natural resources at record levels, the capacity of our midstream energy infrastructure must keep paceBillions of dollars are being invested in new infrastructure, but this must be supported by policies that ensure free trade and regulatory certainty.

Maintaining, modernizing, and expanding midstream infrastructure supports robust economic growth, spurs job creation, and enhances the quality of life of all Americans. Investing in the midstream infrastructure that serves America’s fuel and petrochemical manufacturing sectors is as important to ensuring American prosperity as investing in highways, roads and bridges. As our nation aims to rebuild its infrastructure for the 21st century, our policymakers should consider the role of the midstream sector in unlocking the full potential of our resource wealth and positioning the U.S. as a major energy exporter.

On the morning of Monday, July 16th Susan Grissom is available to discuss the need to maintain and continue to build a robust midstream infrastructure system, which ensures reliable, affordable and safe delivery of fuel to U.S. consumers and industries.

 

DID YOU KNOW?

  • In 2017, approximately 42.3 million barrels of crude oil, refined products and NGLs, and 79.1 billion pounds of plastic resins, moved through U.S. midstream infrastructure networks each day.
  • The U.S. fuel supply system is an underappreciated marvel that works with astonishing efficiency despite its complexity.
  • Investing in energy infrastructure is good for the U.S. economy and workforce. Planned energy investments could contribute an additional $1.50 trillion, or more, to the U.S. GDP.
  • This infrastructure development could employ 828,000 to 1,047,000 individuals annually in the United States.
  • Short-term interruptions, as can be seen during hurricanes, are resolved quickly thanks to the resiliency of our fuel supply chain as the industry is able to replace supply from other parts of the country as the disruption is resolved.

 

MORE ABOUT SUSAN GRISSOM:

Susan Grissom is the Chief Industry Analyst for the American Fuel & Petrochemical Manufacturers (AFPM). At AFPM, she provides expert analytic insight about oil and gas markets, the refining and petrochemical industries, and develops research and assessments of the impact of regulations and policies on fuel and petrochemical manufacturers and American consumers. She is an accomplished midstream/downstream energy executive with expertise in U.S. and international crude oil and refined product supply, trading, logistics and operations, energy economics, finance and corporate development, including strategy, mergers, acquisitions, joint ventures and alliances, with private and public-sector experience that includes the U.S. Department of Energy and ExxonMobil.

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