guardian.co.uk,
Ewen MacAskill in Tampa
...His schedule (click title to entry - thank you) took in a surprise visit to Louisiana to speak to – and be pictured with – the emergency crews dealing with the
HOUSTON |
(Reuters) - Most oil and gas companies (click here) in the U.S. Gulf Coast region on Thursday prepared to gradually restart installations there following Hurricane Isaac, while one refinery reported flooding and scrambled to prevent further damage.
Isaac, now a much weaker tropical depression moving north, posed no further threat to most energy infrastructure.
Phillips 66 (Conoco Phillps) said its 247,000 barrel per day (bpd) Alliance refinery in Belle Chasse, Louisiana, had been partially flooded. It offered no estimate on when the plant could restart and said personnel were trying to prevent damage by pumping water out....
May 1, 2012 two oil entities resulted out of Conoco Phillips. One kept the name Conoco Phillips and the other Phillips 66. It is a new split so the 'idea' Romney would take personal interest in the area was important. After all, we just don't know what it is going to cost the USA to put the refinery back on line.
4/30/2012 @ 9:58AM
...It is spinning off its refineries, pipelines and chemicals division as a new company called Phillips 66. In a tax-free distribution,...
...The legacy ConocoPhillips will keep its name, (click here) its Houston headquarters and its oil and gas fields. The new Phillips 66 (its name based on the old brand) will be a giant in its own right. The company will vie with Valero Energy to be the biggest independent refiner in the U.S., with 2.2 million barrels per day of refining capacity and revenues of roughly $200 billion a year. Says Greg Garland, the new CEO,”We’ll be of similar size to Valero, and twice the size of Marathon. We’ll have geographic diversity with 11 refineries in the U.S. and 4 internationally.”...
Published: 8/2/2012 2:20 AM
Last Modified: 8/2/2012 4:17 AM
Phillips 66, which became the nation's largest independent refiner after its spinoff from ConocoPhillips earlier this year, said Wednesday that second-quarter profit rose 13 percent on higher fuel margins and announced a plan to buy back shares valued at $1 billion.
Net income rose to $1.18 billion, or $1.86 a share, from $1.04 billion, or $1.64, a year earlier, Houston-based Phillips 66 said in a statement. Profit excluding the sale of the Trainer refinery, debt
And the price of gas is what? And the price of food is what? And the national debt is what? And the tax income from bloated companies is what?
