U.S. Energy Dept awards second SPR exchange to address fuel supply chain


Reuters | Washington DC | Updated: 23-12-2021 23:23 IST | Created: 23-12-2021 23:15 IST
U.S. Energy Dept awards second SPR exchange to address fuel supply chain
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  • United States

The U.S. Department of Energy said on Thursday it approved a second exchange of 250,000 barrels of crude oil for release to Marathon Petroleum Company from the Strategic Petroleum Reserve (SPR).

The department has provided over 5 million barrels of SPR crude oil to boost the nation's fuel supply, including the first exchange awarded to ExxonMobil earlier in the month, the Energy Department said in a statement.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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