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Timothy Smith

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Timothy Smith

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Thursday, 11/26/2015 2:05:10 AM

Thursday, November 26, 2015 2:05:10 AM

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Tesoro (NYSE:TSO) said that it has agreed to purchase marketing and logistics assets of Flint Hills Resources, a subsidiary of Koch Industries, for an unspecified sum.

The deal includes all FHR wholesale marketing contracts in Alaska, an anchorage terminal with 580,000 barrels of storage capacity, an airport terminal with 22,500 barrels of jet fuel storage and a multi-year terminaling agreement related to the North Pole terminal.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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