Oregon’s 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 – including the Ferndale refinery in Washington, the single most critical facility supplying gasoline and diesel to Portland and much of the state.
The warning follows the company’s 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.
Now, 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 – barely half the national average.
