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Lundberg Letter Current Issues    
Issue DateTitleSubjectsCAPTION
Apr 09 2026
Refining Capacity Rebound
PHILLIPS 66 MARKETING METRICS
Company Profile



Phillips 66 has been busy shaking up its refining portfolio, exiting California refining while adding capacity elsewhere. At the same time, the nation's fourth largest refiner continues to add branded outlets to its portfolio. Phillips 66 marketing metrics are examined herein.
Mar 18 2026
Flatline Extended
2025 GASOLINE DEMAND REPORT
Demand

Fleet

U.S. gasoline demand has been flatlining for three straight years as growing vehicle efficiency has offset increased miles driven. Dark clouds for 2026 gasoline demand include deportations of motorists, a declining jobs market, and now spiking pump prices.
 

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