https://www.reuters.com/article/us-storm-harvey-crude-idUSKCN1BB1MZ?il=0
The U.S. Energy Department said on Thursday it
would release 500,000 barrels of crude oil from the Strategic Petroleum
Reserve as Tropical Storm Harvey’s disruption of the petroleum industry
has spiked motor fuel prices.
The oil will be delivered to the Phillips 66 (PSX.N)
refinery in Lake Charles, Louisiana, according to a department
statement. That plant has not been affected by the storm, which has
hammered the Gulf Coast for several days.
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