Tag: Phillips 66
Epsilon Advanced Materials Anticipates EV Batteries For 1 Million US-Made EVs Per Year … Are They Nuts?
The leading Indian EV battery materials firm Epsilon Advanced Materials plans to meet the graphite anode demand of 1 million in made-in-the-US EVs per year by 2030.
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From Fossil To Renewable: California’s Diesel Transition & The Future Of Refineries
In a recent article, California Refineries Close as Gasoline Demand Slips into Permanent Decline, I wrote that diesel consumption in California had not declined even as gasoline demand slipped. Jeremy Martin from the Union of Concerned Scientists reached out to me to point to some data I’d missed. I reviewed … [continued]
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California Refineries Close as Gasoline Demand Slips into Permanent Decline
California’s refinery sector is contracting, and the reasons are not as complicated as operators often suggest. When refinery owners announce closures, they usually point to the burden of environmental regulations, the costs of compliance, or fines from state agencies. Those factors are real, but they are not decisive. The more … [continued]
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Refinery Closures Present Risk for Higher Gasoline Prices on the West Coast
California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute to increases in fuel price volatility on the West Coast. Phillips 66 announced plans last October to close its … [continued]
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