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Reported by: Nicole Kilmer Wednesday, Mar 19, 2008 @03:27pm CDT WTVO/WQRF - Marathon Oil Corporation today announced that the Company will convert to 100 percent ethanol blended fuel (E-10 gasohol) at 16 of its Midwest terminals beginning May 1, 2008.
Unblended gasoline products will no longer be available at the following terminals; Indianapolis (86th Street) and Muncie, IN.; Louisville (Algonquin), KY.; Detroit (Refinery Rack), Romulus, Niles (South), Bay City, Flint, Lansing and Jackson, MI.; Brecksville, Lima, Oregon, Lebanon and Cincinnati, OH; and Milwaukee(Granville), WI. In response to legislation and increasing customer demand for ethanol blended gasoline, the Company expanded ethanol blending to more than 625 million gallons in 2007. In addition, to ensure the security and flexibility of ethanol supply, the Company also has an equity interest in ethanol facilities in Clymers, IN., and Greenville, OH, totaling in excess of 220 million gallons of annual gross ethanol capacity. Marathon is the fourth-largest U.S.-based international energy company engaged in exploration and production. Marathon is the fifth largest refiner in the U.S. with 1,016,000 bpd of crude processing capacity in its seven-refinery system. The Company's retail marketing system comprises approximately 6,000 locations in 18 states; nearly three-quarters are Marathon brand locations. Marathon serves the Midwest and Southeast as a petroleum products marketer with 87 light product and asphalt terminals and the Company owns, operates, leases or has an ownership interest in approximately 9,700 miles of pipeline. |
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