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Phillips 66 Signs Oil-By-Rail Contract for New Jersey Refinery
Phillips 66 secured a deal with Global Partners to get crude oil delivered by rail to its New Jersey refinery from North Dakota’s Bakken Shale. The five-year contract will allow Phillips 66 to take in 50,000 barrels of oil per day using Global Partners’ rail network.
By Ben Lefebvre
Published January 08, 2013
Dow Jones Newswires