Market Overview

Phillips 66 Providing Fuel to Wholesale Customers in the Northeast

Phillips 66 (NYSE: PSX) is providing fuel products to wholesale customers
in the Northeast, preparing to restore operations at its Bayway
Refinery, and continuing cleanup efforts in response to an oil spill
caused by Hurricane Sandy.

The company reopened its Linden, N.J., fuel terminal to wholesale
customers on Friday, Nov. 2, and continues to ramp up service. The
terminal is expected to return to full operation by the end of the week,
and it is currently open for tanker truck loading on a 24-hour basis.
Phillips 66 has adequate supplies of fuel on hand and has made
arrangements to ensure fuel supplies will continue to be delivered to
the terminal through third-party pipelines and marine transport.

See full press release

Posted-In: News Guidance

 

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