Phillips 66 First to Take Advantage of Jones Act Waiver for US Crude

Phillips 66 has shipped crude oil from Texas to the U.S. Phillips 66 has shipped crude oil from Texas to the U.S. East Coast on a foreign-flagged tanker, the first such cargo since Washington waived the Jones Act last month, Kpler ship-tracking data shows. The Bakke

Phillips 66 has shipped crude oil from Texas to the U.S.

Phillips 66 has shipped crude oil from Texas to the U.S. East Coast on a foreign-flagged tanker, the first such cargo since Washington waived the Jones Act last month, Kpler ship-tracking data shows.

The Bakken crude was loaded in early April at a Phillips 66 terminal in Beaumont, Texas, onto the Malta-flagged Htm Warrior. The vessel is destined to carry the cargo to the Trainer oil refinery in Pennsylvania, owned by Delta Air Lines subsidiary Monroe Energy. The long-standing Jones Act requires that cargo moving between U.S. ports travel on vessels…

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