Phillips 66 on Wednesday announced that it would cease operations at its Los Angeles-area refinery in the fourth quarter of 2025.
What’s MPC gonna do???
Phillips 66 on Wednesday announced that it would cease operations at its Los Angeles-area refinery in the fourth quarter of 2025.
What’s MPC gonna do???
Markwest is and has been printing money for Marathon
Considering MPC has a long history of buying things right before things go to he-l (Mark West timing, buying Andeavor right before COVID) I'm willing to bet MPC is foaming at the mouth to make P66 an offer.
Pays to closely watch changes other refineries make and compare to your own.