The Fuel and Petrochemical Supply Chains

will continue to make significant investments to ensure the continued integrity and safety of these systems. In addition, policies aimed at rebuilding our nation’s infrastructure for the 21st century should take into account the essential role of the midstream sector. AFPM fully supports state, local and federal policies that encourage the proper maintenance of existing infrastructure and the development of new infrastructure to support the refining and petrochemical industries. Infrastructure projects, whether they are publicly or privately funded, are often very costly and highly complex. Highway and waterway infrastructure projects are typically funded by federal, state and/ or local governments, or through public- private partnerships. Projects to maintain or expand energy infrastructure, railroads and many port facilities, on the other hand, are more often privately funded and thus depend largely on market forces. AFPM supports policies and programs that promote smart infrastructure investments through innovative financing

mechanisms and the removal of regulatory barriers to such investments. Infrastructure, including midstream infrastructure serving the refining and petrochemical industries, is the backbone of the U.S. economy. It is essential to modern life. AFPM supports policies and programs that streamline the long and often complex process of planning, permitting and financing infrastructure projects to ensure that needed investments are quickly and efficiently made in the multimodal infrastructure network that drives our economy and fosters American prosperity.

Maintaining, modernizing and expanding midstream infrastructure supports robust economic growth, spurs job creation and enhances the quality of life of all Americans.

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