Marathon Petroleum

America's Strategic Petroleum Reserve has dropped to roughly 283 million barrels, its lowest level since 1982, after falling another 767,000 barrels last week. At the same time, gasoline prices are higher than they were under the Biden administration, drawing criticism of current policy. Separately, refiner Marathon Petroleum is targeting 3 million barrels per day of throughput in the third quarter, raising questions about whether strong refining output can continue.