Thursday, January 9, 2025

U.S. Refiners Contemplate Border Tax Impact on Crude Imports

From The Globe and Mail/Reuters U.S. independent refiners such as Phillips 66 and Valero Energy Corp. have offered mixed support for Republican efforts to boost U.S. jobs and products, expressing concerns about how a border tax on imports could upend the energy ecosystem. The comments by refining executives in a wave of recent earnings calls offer the first glimpse of