Sunday , February 25 2018
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Fire at Phillips 66’s Ferndale, Washington Refinery Supports Gasoline

Pacific Northwest gasoline prices were bid and offered higher on Monday following a fire over the weekend at Phillips 66’s refinery in Ferndale, Washington.

“On Friday, a small fire occurred at the Ferndale Refinery. Emergency responders from Phillips 66 immediately extinguished the fire. There were no injuries and the incident is under investigation,” a spokesperson for Phillips 66 said.

The company did not say whether the fire had impacted operations, or which units were impacted by the fire.

Prompt gasoline was bid at a 42-cent a gallon premium to the NYMEX and offers were at a 52-cent a gallon premium, up nearly 10 cents from Friday.

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