Horace Hobbs

Horace Hobbs is the Chief Economist for Phillips 66. He is primarily focused on long range planning and capital allocation for a global portfolio of downstream businesses including petroleum refining and marketing, chemicals and specialties, transportation, and midstream. He has spent his entire career in the downstream energy industry, primarily as a consultant, and also as a start-up venture executive.
As a consultant he was focused on downstream strategy and provided a broad array of merger, acquisition, and divestiture advisory services for a wide range of industry participants including multinational integrated oil companies, petroleum refiners and marketers, and national oil companies. He provided analysis and business planning support for integrated oil companies, project and technology developers, investors, and financial institutions.
He has testified as a downstream industry expert before the Federal Energy Regulatory Commission (FERC), The California Public Utility Commission, and the National Energy Board of Canada. His articles and interviews have appeared in various energy focused publications and he regularly addresses industry groups and conferences on a variety of topics related to global energy markets and economics. He currently serves as Chairman of the American Petroleum Institute’s Economics and Statistics Committee.
He spent the early years of his career as a chemical engineer involved in process design and advanced process control applications. Hobbs has bachelors in chemical engineering from University of Houston.