"(We) want to look back in 10 years and say we increased the dividend every year," said Phillips...

|About: Phillips 66 (PSX)|By:, SA News Editor

"(We) want to look back in 10 years and say we increased the dividend every year," said Phillips 66 (PSX) CEO Greg Garland on his earnings call. Refiners with steadily increasing divvies? Has the era of cheap domestic oil and gas production pushed U.S. refining - as cyclical as it gets - into a secular move higher?