US authorizes up to 4 million barrels of reserve oil for ExxonMobil and BP amid Hurricane Isaias disruptions
The release of reserve oil adds crude supply to offset hurricane-related disruptions affecting ExxonMobil and BP.
Source →The trace
How it reaches your house.
Starting from BP plc, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
ExxonMobil →supply upThe emergency Strategic Petroleum Reserve release to ExxonMobil should temporarily increase the availability of its crude oil feedstock, easing the hurricane-related supply disruption.
95% confidenceBP plc →supply upcrude oil
DOE authorized up to 2 million barrels for BP America, increasing crude availability to help maintain refinery operations amid the hurricane disruption.
“DOE has authorized up to 2 million barrels each for ExxonMobil and BP America.”
95% confidenceCited →BP plc →supply upHop 2
Crude Oil Feedstock →supply upHome heating oil is a direct downstream refined product of crude feedstock, so more crude should increase its supply.
96% confidenceCrude Oil Feedstock →supply upCrude oil feedstock is a critical direct input for gasoline and diesel, so added crude supply should raise refined fuel availability.
96% confidenceJet fuel →supply upGulf Coast crude oil feedstock (jet fraction)
Reserve crude barrels directly ease the critical Gulf Coast jet-fuel feedstock constraint, and this input has very high dependency strength for jet fuel production.
Hop 3
Gulf Coast crude oil feedstock (jet fraction) →supply upReserve oil adds crude feedstock, directly increasing availability of jet fuel because this input is critical and highly dependent.
97% confidenceHome heating oil →supply upThe reserve release adds crude supply directly into this critical, fully dependent feedstock, improving availability for home heating oil production.
92% confidenceBP Oil Supply Co. (BP p.l.c.) →supply upCalumet, Inc.CLMT