Refiner Phillips 66 said it would shut down a refinery in the vicinity of Los Angeles by the end of next year on what the AP called market concerns and Reuters cited the company’s chief executive as mentioning “market dynamics”. The decision was announced just days after California’s governor, Gavin Newsom, signed into law a bill that would give state energy regulators to mandate certain fuel inventory levels for refiners and to approve scheduled maintenance at refineries. “Price spikes at the pump are profit spikes…
Hence then, the article about phillips 66 to close l a refinery was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Phillips 66 to Close L.A. Refinery )