U.S. Aims to Restock Strategic Oil Reserves by Year-End
Written by Black Hot Fire Network on March 19, 2024
The Biden Administration aims to have crude in the Strategic Petroleum Reserve (SPR) back up to the levels before the massive sales of 180 million barrels in the past two years, U.S. Energy Secretary Jennifer Granholm said at the CERAWeek energy conference in Houston.
The U.S. saw the stockpiles of crude oil in the SPR fall from 638 million barrels at President Joe Biden's inauguration to just . . .
