---
title: "Refining margins hit a record. What that means for gas prices."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293078305.md"
description: "Companies like Valero, Phillips 66 and Marathon Petroleum are benefiting from record margins for turning crude oil into fuel."
datetime: "2026-07-17T22:15:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293078305.md)
  - [en](https://longbridge.com/en/news/293078305.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293078305.md)
---

# Refining margins hit a record. What that means for gas prices.

Companies like Valero, Phillips 66 and Marathon Petroleum are benefiting from record margins for turning crude oil into fuel.

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