The Strategic Petroleum Reserve (SPR) and the Dollar Price Gasoline Crisis: There Is a Number Nobody in Washington Will Say Out Loud

The Strategic Petroleum Reserve (SPR) and the Dollar Price Gasoline Crisis: There Is a Number Nobody in Washington Will Say Out Loud

We’ve Been Spending America’s Emergency Oil Savings Account. Nobody Mentioned the Account Can Only Be Opened So Many Times. Yesterday evening, Energy Secretary Chris Wright announced that the United States will release 172 million barrels of crude oil fr…

Here is what the press releases did not mention. The SPR currently holds about 415 million barrels. After this drawdown it will hold roughly 243 million barrels, the lowest level since the reserve wa… [+26736 chars]

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The Strategic Petroleum Reserve (SPR) and the Dollar Price Gasoline Crisis: There Is a Number Nobody in Washington Will Say Out Loud - FHMnews