American Oil Refiners Are Printing Money as Wars Shrink Global Energy Supplies WSJ - Markets By: Benoรฎt Morenne Collin Eaton 9 October 2026 at 02:00 The earnings of independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are set to crush the near-record results of the June quarter. ยฉ Patrick T. Fallon/Agence France-Presse/Getty Images