DOE MOVES TO EXPAND SPR SYSTEM

The U.S. Department of Energy has chosen Texaco Pipeline Inc. and Unocal Corp. to help it expand its Strategic Petroleum Reserve (SPR) distribution capability. Proposals by the two companies would allow DOE to boost its SPR crude oil drawdown rate by 400,000 b/d, bringing it to within 200,000 b/d of its goal of being able to distribute as much as 4.5 million b/d from the SPR during energy supply disruptions.

More in Home