DOE grants Marathon 250,000 barrels of oil

NEW YORK (AP) -- The Department of Energy says Marathon Oil will receive 250,000 barrels of oil from the Strategic Petroleum Reserve to compensate for refinery disruptions from Hurricane Gustav.

Marathon was the second oil company to request crude from the nation's reserves, though Venezuela's government-controlled Citgo Petroleum withdrew its request after a shipping channel was reopened, allowing deliveries by ship to continue.

Supplies to Marathon refineries in Catlettsburg, Ky. and Robinson, Ill., had been cut off.

Energy Department spokesman Andrew Beck said Monday that the oil will be delivered through the Capline pipeline system.

The reserve is an emergency depot maintained by the Energy Department and can hold as much as 727 million barrels of oil in salt caverns along the Coast of Mexico.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Gray Television, Inc. - Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 27992794 - local8now.com/a?a=27992794