The closest wholesale heating oil terminal (“rack”) to Phillips Energy Inc is Kinder-m2 in Richmond, VA. The distance from the company to the terminal is 9.8 miles less than average for Virginia oil companies.

Terminal accessibility affects the prices that oil companies near you charge. Unless Phillips Energy Inc has on-site storage tanks, Phillips Energy Inc’s trucks need to make multiple daily trips to the rack to purchase oil. At today's average Virginia diesel price of $2.90 per gallon and an average tanker truck fuel economy of 6.2 mi/gal, Phillips Energy Inc's round-trip fuel cost to pick up oil is an estimated $48.91 per trip.