US RESERVES
March 1st, 2002
BY PHILIP FINE
THE US Departments of Energy and the Interior are joining forces to use oil from federally leased land in the Gulf of Mexico for America's Strategic Petroleum Reserve, an emergency crude oil stockpile. Equiva Trading Co. of Houston won the contract to supply additional oil, upping the reserve by 18.6 million barrels.
ENDS
THE US Departments of Energy and the Interior are joining forces to use oil from federally leased land in the Gulf of Mexico for America's Strategic Petroleum Reserve, an emergency crude oil stockpile. Equiva Trading Co. of Houston won the contract to supply additional oil, upping the reserve by 18.6 million barrels.
ENDS
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.