PHILLIPS 66 for PHILLIPS 66

Environment/Superfund ENV

Support for CO2 capture and storage projects, hydrogen hub projects, 45Q tax credit, battery projects

Contacted: White House Office; HOUSE OF REPRESENTATIVES; SENATE; Energy, Dept of

Financial Institutions/Investments/Securities FIN

U.S. Securities and Exchange Commission The Enhancement and Standardization of Climate Related Disclosures for Investors Proposed Rule

Contacted: Securities & Exchange Commission (SEC); SENATE; HOUSE OF REPRESENTATIVES

Fuel/Gas/Oil FUE

Renewable Fuels Standard RVO Annual Rule 2023, 2024 and 2025; Issues pertaining to Renewable Fuels Standard set rulemakings; Issues pertaining to EPAs Proposed RFS Small Refinery Exemption Decision; Issues related to Renewable Diesel / Biomass-based Diesel; Consumer and Fuel Retailer Choice Act; S.4038 - Renewable Diesel and Sustainable Aviation Fuel Parity Act of 2022; Issues pertaining to a potential imposition of crude oil and/or refined petroleum product export ban (no formal legislation); Issues pertaining to refined product inventories, storage, reserves and supply; Issues pertaining to hurricane preparation; Draft Energy Independence and Security Act of 2022; S. 4815, START Act; Draft Building American Energy Security Act of 2022; Draft permitting legislation supporting Nationwide Permit reform; Propane inventory issues; S.1415 - The Ban Oil Exports Act

Contacted: State, Dept of (DOS); Energy, Dept of; White House Office; SENATE; Environmental Protection Agency (EPA); HOUSE OF REPRESENTATIVES; Natl Economic Council (NEC)

Bills named: S. 4038 (117th), S. 4815 (117th), S. 1415 (117th)

Transportation TRA

RIN: 2137-AF60, Pipeline Safety - Safety of CO2 Pipelines; Draft legislation to amend the Jones Act; Support for Jones Act waiver request; Rail labor issues

Contacted: Natl Economic Council (NEC); Pipeline & Hazardous Materials Safety Administration; Energy, Dept of; SENATE; HOUSE OF REPRESENTATIVES

Taxation/Internal Revenue Code TAX

S.1298 - Clean Energy for America Act; S.1608 - Sustainable Aviation Fuel Act; H.R.3440 - Sustainable Skies Act; S.1077 - Permanently Preserving Americas Investment in Manufacturing Act of 2021; H.R.5371 - Permanently Preserving Americas Investment in Manufacturing Act; H.R.3272 - Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2021; H.R.3472 - Biodiesel Tax Credit Extension Act of 2021; S. 1806 - Biodiesel Tax Credit Extension Act of 2021; H.R.3684 - Infrastructure Investment and Jobs Act, Sec. 80201 - Extension and Modification of Certain Superfund Excise Taxes; Last-in, First-out LIFO accounting method (no formal legislation); General Explanation of the Administrations Fiscal Year 2023 Revenue Proposals; H.R.5736 - The Inflation Reduction Act of 2022, Public Law No. 117-169, Title 1, Subtitles A and D; U.S. Treasury Department Notices for Implementing The Inflation Reduction Act; Discussion of Extension of 2017 Tax Reform Provisions - Full Expensing, 163(g), and Sec. 174 R&D Credit; Consolidated Appropriations Act, 2023 (P.L. 117 - 328)

Contacted: HOUSE OF REPRESENTATIVES; SENATE; Treasury, Dept of

Bills named: H.R. 3440 (117th), S. 1077 (117th), S. 1608 (117th), H.R. 3472 (117th), H.R. 5371 (117th), S. 1806 (117th), H.R. 3684 (117th), H.R. 3272 (117th), H.R. 5736 (117th), S. 1298 (117th)