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Today a gallon of gasoline in California today costs $4.61 on average, just over 10 cents lower than the last month and more than 50 cents lower than last year, according to the latest prices from ...
In February 2016, the company sold its interest in the Springfield oil and gas gathering system near the Eagle Ford shale for $750 million to Western Gas Partners. [22] In March 2016, the company announced layoffs affecting 1,000 employees or 17% of its staff. The layoffs were the result of weak commodity prices. [23]
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 ...
A declining percentage of the oil supplied to California's refineries is produced in California, down to 23.4% in 2023 from 51.0% in 1993, thirty years earlier. [17] 15.9% of oil supplied to California's refineries came from Alaska in 2023, and 60.7% came from foreign sources. [17]
Complaints of acrid odors, fiery accidents, soot and harmful emissions have gained new resonance in recent years.
Edward L. Doheny, California oil entrepreneur in Mexico Petroleum was known in Mexico before the arrival of the Spaniards and used by the natives for incense and to repair canoes. [ 10 ] In Mexico's colonial era (1521-1821), ranchers lost cattle to tar pits in the Gulf Coast Region, [ 11 ] so it was considered more of a hazard than a valuable ...
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.
March 30, 2016 - An explosion & fire at a tank battery in Pecos. [183] October 14, 2016 - Lightning resulted in two tank battery fires in Howard County. [184] April 4, 2017 – Fire at an oil well site, in northern Howard County. One firefighter was injured. [185] August 16, 2017 - A tank battery caught fire in Greenwood. [186]