GLOBEALERT
BUSINESS● LOW1h ago · Oct 23, 2026, 8:34 PM

DoE authorizes 400K-barrel emergency SPR release for Phillips 66 Lake Charles refinery

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The Department of Energy has authorized an emergency release of 400,000 barrels from the Strategic Petroleum Reserve for the Phillips 66 Lake Charles refinery. This action indicates a government response to potential energy supply issues affecting a key refinery.

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