DOE authorizes Strategic Petroleum Reserve exchange to support La. supply

By Bethany Blankley | The Center Square

The U.S. Department of Energy has authorized an emergency exchange from the Strategic Petroleum Reserve with ExxonMobil Corporation to address “logistical challenges” impacting crude oil deliveries at its Baton Rouge refinery.

The DOE SPR emergency exchange is the latest of several in the last few decades where SPR reserves played a vital role in response to natural disasters or other incidents…

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