Oil company Phillips 66 says it will shut down Los Angeles-area refinery

  • Posted on October 16, 2024
  • By Yahoo News
  • 2 Views
Oil company Phillips 66 says it will shut down Los Angeles-area refinery

Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The refinery produces about 8% of California's crude oil, according to the state's Energy Commission. The company indicated it will remain operating in the state.
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