December 24, 2021 archive

Energy Dept awards 2nd amount of strategic reserve oil to Marathon

  Marathon Petroleum Corp. has been awarded a second batch of crude oil from the strategic petroleum reserve by the U.S. Energy Department as part of President Biden’s plan to lower energy costs. Bloomberg reports Marathon will receive 250,000 barrels of crude oil as part of an exchange from the Strategic Petroleum Reserve, the Department …

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Florida might deny drilling permit to Texas energy company

  Environmentalists and protesters are already gearing up to fight efforts by a Texas energy firm to carry out oil exploration in Florida’s Big Cypress National Preserve. The Fort Myers News-Press reports the state of Florida is also encouraging Burnett Oil to withdraw its plans until more information is provided on how seismic testing and oil …

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