The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground.
Category: Phillips 66
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Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception
President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace.
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California’s High Gas Prices Could Climb Further as Refineries Close
The state has led the country in adopting electric cars and reducing gas use, but it now faces much higher gas prices as oil companies plan to shut down refineries.
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Oil Companies Are Sued Over Death of Woman in 2021 Heat Wave
Experts said it is the first wrongful death case targeting fossil fuel companies over their role in global warming.
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Phillips 66 Is Accused of Violating the Clean Water Act
The oil company was indicted on charges of dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system.