AFPM Applauds House Vote for an All of the Above and Below Energy Policy

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WASHINGTON, June 21, 2012 /PRNewswire-USNewswire/ -- The American Fuel & Petrochemical Manufacturers President Charles T. Drevna applauded action today by members of the U.S. House of Representatives to pass the Domestic Energy and Jobs Act (H.R. 4480).

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This legislation, which passed with a bi-partisan vote of 248 - 163, will require an analysis of the cumulative costs and benefits of the multiple and in many cases conflicting regulations faced by refiners and allows them the opportunity to remain competitive in a global marketplace and produce the fuel that keeps America moving. Drevna said:

"The Domestic Energy and Jobs Act embraces an 'all of the above, all of the below' energy strategy that will allow energy producers to fully develop U.S. resources. It's sound and responsible public policy that will help put the United States on a path toward energy security, national security and prosperity.

"In order to provide the American people with a secure energy future, we need smarter policies and a stable regulatory environment. This bill strikes the proper balance between environmental protection and preserving a robust and competitive refining industry."

Link to letter sent to members of Congress in support of the Domestic Energy and Jobs Act.

About AFPM

AFPM, the American Fuel & Petrochemical Manufacturers (formerly known as NPRA, the National Petrochemical & Refiners Association) is a trade association representing high-tech American manufacturers of virtually the entire U.S. supply of gasoline, diesel, jet fuel, other fuels and home heating oil, as well as the petrochemicals used as building blocks for thousands of vital products in daily life. AFPM members make modern life possible and keep America moving and growing as they meet the needs of our nation and local communities, strengthen economic and national security, and support 2 million American jobs.

SOURCE American Fuel & Petrochemical Manufacturers