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Bookmark or Share- Biden-Harris Administration Makes Final Purchase for the Strategic ...WASHINGTON, D.C.—The U.S. Department of Energy today announced that 200 million barrels of crude oil have been delivered, contracted at a good deal for taxpayers, an average price of $74.75. following the closure of the most recent solicitation to acquire 2.4 million barrels of crude oil for the Strategic Petroleum Reserve (SPR). This aggressive buyback strategy has resulted in the purchase ...
- Strategic Petroleum Reserve - Department of EnergyThe Strategic Petroleum Reserve (SPR), the world's largest supply of emergency crude oil was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the international energy program.
- Strategic Petroleum Reserve (United States) - WikipediaThe Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]
- US government secures 200 million barrels for Strategic Petroleum ReserveThe US Department of Energy (DOE) has finalised the purchase of 200 million barrels of crude oil to replenish the Strategic Petroleum Reserve (SPR), securing the oil at an average price of $74.75 per barrel. This acquisition concludes a series of purchases aimed at restoring the reserve following an emergency release of 180 million barrels ...
- Strategic Petroleum Reserve - United States Department of EnergyStrategic Petroleum Reserve - United States Department of Energy. SPR Home Page | Doing Business with the SPR | Emergency Oil Requests | SPR Crude Oil Comprehensive Analysis | Environmental Safety and Health.
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