04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Crude oil prices are continuing to move higher, and it appears that solid demand for products is keeping prices buoyed. Supply disruptions cause by the temporary reduction in refiner runs following August 25th Hurricane Harvey which made landfall as a Category 4 hurricane. As a result, gross inputs to refineries in the Gulf Coast fell from by 3.2 million barrels a day. Refinery activity has since recovered, and…