Phillips 66 and partners approve $5bn Western Gateway Pipeline
Approval of a new pipeline adds future transport capacity for oil and refined products.
Source →The trace
How it reaches your house.
Starting from Phillips 66, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Phillips 66 →supply upArizona and California downstream markets
Phillips 66’s approved Western Gateway project adds future refined-products transport capacity from Texas into Arizona and California, increasing available gasoline, jet fuel, and diesel supply in those downstream markets.
“Phillips 66 and Kinder Morgan are partnering up to create a new refined products pipeline system that facilitate the transportation of refined products from origin points in Texas to key downstream markets in Arizona and California.”
91% confidenceCited →BP plc →Prices easeLubricant Base Oils (Group I/II/III) for Engine Oil & Industrial Lubricants
The approved refined-products pipeline should modestly lower delivered costs for BP's lubricant base oils, which are themselves refined petroleum products.
33% confidenceHop 2
Lubricant Base Oils (Group I/II/III) for Engine Oil & Industrial Lubricants →supply upIf lubricant base oils become more available thanks to added transport capacity, the downstream motor oil and lubricants stream can be supplied more readily, and this edge is marked critical with high dependency strength.
62% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Motor oil & lubricants
Companies you may own
No named companies on this path.
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.