Oregon\u2019s entire fuel supply chain is hanging by a thread after Phillips 66 made clear in recent corporate filings that it is actively divesting up to $3 billion in refinery assets \u2013 including the Ferndale refinery in Washington, the single most critical facility supplying gasoline and diesel to Portland and much of the state.<\/p>\n
The warning follows the company\u2019s abrupt December 2024 shutdown of its 139,000-barrel-per-day Los Angeles refinery a move that erased a major piece of West Coast refining capacity overnight.
\nNow, with Ferndale firmly in the crosshairs, energy analysts, trucking associations, and rural Oregon communities are sounding the alarm: the state has no refineries of its own, no meaningful backup import route, and only 10-15 days of fuel storage \u2013 barely half the national average.The Olympic Pipeline: Oregon\u2019s Fragile Artery Nearly all of Oregon\u2019s<\/p>\n
~100,000 barrels per day of gasoline and diesel demand flows through one aging 400-mile lifeline: the Olympic Pipeline. The line carries refined products south from Washington\u2019s five refineries \u2013 BP Cherry Point, Phillips 66 Ferndale, Marathon Anacortes, Shell Puget Sound, and U.S. Oil Tacoma directly into Portland\u2019s storage terminals.<\/p>\n
When the pipeline suffered a brief maintenance shutdown in September 2025, pump prices spiked within hours, not days. AAA Oregon reported stations scrambling to ration inventory as panic buying set in. The state\u2019s razor-thin storage cushion means any sustained disruption \u2013 whether from maintenance, mechanical failure, regulatory shutdown, or divestiture- risks running dry in under two weeks.READ MORE BELOW<\/p>\n","protected":false},"excerpt":{"rendered":"
Oregon\u2019s entire fuel supply chain is hanging by a thread after Phillips 66 made clear in recent corporate filings that it is actively divesting up to $3… <\/p>\n","protected":false},"author":1,"featured_media":2373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\n