The 494,000 barrel per day refinery, located on the Mississippi River, had to borrow the oil earlier this month after its crude oil supply was cut off by the hurricane. The loan from the Strategic Petroleum Reserve must be repaid with interest at a future date.
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Exxon Restored Refining Volumes
US oil giant Exxon Mobil's oil refinery in Baton Rouge does not need to borrow any crude anymore
US oil giant Exxon Mobil's oil refinery in Baton Rouge does not need to borrow any crude anymore, the refinery manager said Tuesday.
The refinery borrowed 6 million barrels of crude from the U.S. government's emergency stockpile in the wake of Hurricane Katrina's damage.
The 494,000 barrel per day refinery, located on the Mississippi River, had to borrow the oil earlier this month after its crude oil supply was cut off by the hurricane. The loan from the Strategic Petroleum Reserve must be repaid with interest at a future date.
The 494,000 barrel per day refinery, located on the Mississippi River, had to borrow the oil earlier this month after its crude oil supply was cut off by the hurricane. The loan from the Strategic Petroleum Reserve must be repaid with interest at a future date.
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