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.)

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