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Stock impact report

Potentially the last smile from Wilmington-area refinery's jack-o-lantern storage tank [Los Angeles Times (CA)]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Every October since 1952, a 3-million-gallon oval storage tank has been transformed into “the world's largest jack-o-lantern,” according to Al Ortiz, spokesperson for Phillips 66. Known as Smilin' Jack, the tank was once used to store gasoline but now is just in reserve. It takes more than 100 gallons of paint to prepare Jack for his “grand appearance,” Ortiz said, including eyes that are 18 feet high, a grin that's 73 feet wide and teeth that are 4 square feet in size. As monumental a task as that may be, it used to require significantly more paint; in 1956, The Times reported that it took 180 gallons of paint to make Jack the perfect shade of orange and provide his distinctive facial features. In October, though, Phillips 66 announced it will shutter the complex toward the end of next year. With the imminent closure of the refinery, who will be in charge of bringing Smilin' Jack to life is unknown. “The future of Smilin' Jack is still being discussed, and Phillips 66 will k Show less Read more
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