U.S. The prospect of summer drivers filling up on the highway is gaining ground in the price of gasoline, a sign of economic recovery and an epidemic devastation is a boon for the energy industry. Considering oil recovery and growing consumer demand, gasoline prices at U.S. pumps hit an average …
Read More »Phillips 66 to stop producing crude oil fuel at San Francisco area refinery, will move production to sustainable fuels
Phillips 66 PSX, + 0.46% said Wednesday that it will stop producing crude oil fuel at its San Francisco Refinery in Rodeo, California, and that it will reconfigure the refinery to produce sustainable fuels. It will start with making fuels from used cooking oil, fat, fats and soybean oil. The …
Read More »