Marathon seeks oil reserves, Citgo cancels

Published: Sept. 3, 2008 at 11:27 PM
Order reprints
(UPI Photo Files)
(UPI Photo Files) | Enlarge Enlarge
WASHINGTON, Sept. 3 (UPI) -- Citgo has withdrawn its request for 250,000 barrels of oil from U.S. strategic reserves, while Marathon submitted one, a federal official said Wednesday.

U.S. Department of Energy chief spokesman Andrew Beck said Citgo decided it didn't need the reserves oil because Louisiana's Calcasieu Channel had been partially re-opened since Hurricane Gustav hit the region this week. The channel's reopening means Citgo will be able to supply its Lake Charles refinery, Beck said.

However, he said the department has now received a formal request from Marathon Petroleum Co.'s Robinson and Catlettsburg refineries for oil from the Strategic Petroleum Reserve because of disruptions in supply caused by Gustav. The department is reviewing Marathon's request, he said. The amount sought wasn't disclosed.


© 2008 United Press International, Inc. All Rights Reserved.



Group official targeted over gay marriage (8 min)
UPI NewsTrack Business (9 min)
Crude oil prices drop Friday (11 min)
Researchers to simulate massive quake (12 min)
Angels shut down Guerrero, Hunter (13 min)
Calif. lawmakers eye cost of illegals (14 min)
People who work sick hinder business (17 min)
fark
"She's an opportunistic gold-digging attention whore," says opportunistic gold-digging attention...
Llost llamas llocated in Llouisville
2001: Teacher fired for sleeping with student. 2003: Hired again by same school. 2006: Fired again...
Drunk man on tractor leads police on wild, 40-minute chase at speeds up to 12 MPH
Once suspected of causing leprosy and shunned because it's never mentioned in the Bible, the humble...
Robert Plant honored with Commander of the British Empire and promises not to boss around Jimmy...