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==Economy== [[E. W. Marland]] built the Ponca City refinery in 1918 and founded the [[Marland Oil Company]]. In 1929, the [[Conoco|Continental Oil Company]] merged with [[Marland Oil Company|Marland]], and the two became [[Conoco Inc.]] The Conoco headquarters were in Ponca City until 1949, when they moved to [[Houston, Texas]]. In 2002, [[Conoco|Conoco Inc]]. and [[Phillips Petroleum Company]], whose headquarters were in nearby [[Bartlesville, Oklahoma]], merged into [[ConocoPhillips]].<ref name="History">"[http://www.conocophillips.com/EN/newsroom/news_releases/2005news/Pages/05-13-2005.aspx ConocoPhillips Announces Museum Plans For Ponca City and Bartlesville] {{webarchive|url=https://web.archive.org/web/20110727094824/http://www.conocophillips.com/EN/newsroom/news_releases/2005news/Pages/05-13-2005.aspx |date=2011-07-27 }}." [[ConocoPhillips]]. May 13, 2005. Retrieved on January 22, 2010.</ref> In 2012, [[ConocoPhillips]] split into two separate companies, with the upstream portion retaining the ConocoPhillips name and the refining and transportation portions taking the name Phillips 66. The Ponca City Refinery, operated by Phillips 66, is the largest refinery in Oklahoma. The Ponca City Refinery processes a mixture of light, medium, and heavy crude oils. Most of the crude oil processed is received by pipeline from [[Oklahoma]], [[Texas]], and [[Canada]]. Infrastructure improvements have enabled the delivery of increased volumes of locally produced advantaged crude oil by pipeline and truck. The refinery is a high-conversion facility that produces a full range of products, including gasoline, diesel, aviation fuels, [[liquefied petroleum gas]], and anode-grade petroleum coke. Its facilities include two fluid catalytic cracking units, [[alkylation]], delayed coking, [[naphtha]] reforming, and [[hydrodesulfurization]] units. Finished petroleum products are shipped by truck, railcar, and pipelines to markets throughout the Midcontinent region.
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