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Big difference in the viewpoint of oil prices from the oil producer to the oil refiner.

Phillips 66 was the refining division of ConocoPhillips. In 2012, they spun them off into a separate company.

http://www.phillips66.com/EN/about/history/Pages/index.aspx

1 posted on 10/29/2014 7:27:40 AM PDT by thackney

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To: thackney

Couldn’t be!

The lefties have told us all along that the oil companies conspire to RAISE prices to increase profits!

2 posted on 10/29/2014 7:28:37 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)

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To: thackney

great news - keep dropping the prices and get America back to work again.

P.S. Recall candidate Obama vowing to raise gasoline prices to $5 p/gal forcing Americans into electric cars??

4 posted on 10/29/2014 7:32:34 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)

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To: thackney

Oregonians are still paying $3.20 a gallon.

8 posted on 10/29/2014 10:37:32 AM PDT by aimhigh (1 John 3:23)

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To: thackney

Would now be the time to invest in midstream oil companies ?

10 posted on 10/30/2014 2:58:03 PM PDT by American Constitutionalist

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