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The refinery is located on 850 acres, in 2016 had approximately 650 full-time employees, and had a crude oil capacity of 157,000 barrels per day. In 2015 it was the fourth-largest refinery in the state. The refinery had a Nelson complexity index of 16.1. [citation needed]
California's attempt to manage a smooth transition away from gasoline just got roughed up with this week's decision by Phillips 66 to shutter its refinery in Wilmington next year, wiping out more ...
At the end of February, with refineries changing to summer blend, the price of gas was $2.37, [39] up from $2.03 in January. [40] Other factors included an explosion at a Torrance, California refinery and a strike involving steel workers at 20 refineries. [39] On March 13, oil declined 5% for a total drop of 10% for the week. [40]
The Dominguez Oil Field is a large oil field underneath Dominguez Hills near Carson, California and the California State University, Dominguez Hills. It was a major oil producer from 1923 through 1960. Starting in 2010, oil companies became interested in redeveloping the field using modern extraction technologies.
The Phillips 66 refinery complex in Wilmington and Carson now produces 1.3 billion gallons of gasoline annually, which will leave a huge gap to be filled after its planned closure late next year.
Complaints of acrid odors, fiery accidents, soot and harmful emissions have gained new resonance in recent years.
Early California Oil: A Photographic History, 1865-1940 (Texas A&M UP, 1985); 260pp; an illustrated general history of the industry online Archived March 28, 2016, at the Wayback Machine; Freudenberg, William R. and Robert Gramling. Oil in Troubled Waters: Perceptions, Politics, and the Battle over Offshore Drilling (SUNY Albany, 1994)
Up until the end of September, U.S.-based refiners were a hot place to be for investors. Many of these companies saw stock price appreciation above 50% from Jan. 3 to Sept. 23; Western Refining ...