Thursday, August 31, 2017

Energy chief taps emergency oil reserve in wake of Harvey

August 31, 2017 at 12:03PM

WASHINGTON (AP) — Energy Secretary Rick Perry says he's releasing 500,000 barrels of crude oil from an emergency stockpile in a bid to prevent gasoline prices from spiking in the wake of disruptions caused by Harvey.

Perry says he's authorized immediate shipments of crude to the Phillips 66 refinery in Lake Charles, Louisiana.

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