Marathon boosts ethanolblends in Southeast

March 10, 2008

At the recent Credit Suisse Group Energy Conference in Vail, Colo., Gary Heminger, executive vice president of Marathon Oil Corp., announced that the company expects to be able to blend ethanol at all of its Southeastern terminals by early summer. This would expand the company's blending capacity from 1 billion gallons per year in early January to 1.2 billion gallons per year by June 1. Marathon's biggest hurdle is the different blending guidelines from state to state, including Florida, Georgia, Tennessee, North Carolina and South Carolina.

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