NYSE:PSXOil and Gas
Should Advancing the Western Gateway Pipeline Strategy Require Action From Phillips 66 (PSX) Investors?
Earlier this week, Kinder Morgan and Phillips 66 announced they are advancing the Western Gateway Pipeline, a refined products system linking Midwest and Gulf Coast refinery supply to Arizona, California and Las Vegas, after securing sufficient long-term shipper commitments and targeting a mid-2029 in-service date.
The project’s planned reversals of existing pipelines, including Phillips 66’s Gold Pipeline, highlight how both companies are reconfiguring transport routes to better connect...