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Energy Secretary Steven Chu approved a loan of 1 million barrels of sweet crude oil from the Strategic Petroleum Reserve to the Marathon Petroleum Company

IER Statement on Post-Isaac SPR Loan


WASHINGTON D.C. — Following reports that Energy Secretary Steven Chu approved a loan of 1 million barrels of sweet crude oil from the Strategic Petroleum Reserve to the Marathon Petroleum Company, Daniel Kish, IER’s Senior Vice President of Policy, released the following statement:
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