The U.S. Strategic Petroleum Reserve Is For Emergencies, Not Balancing Markets

By Energy in Depth In recent weeks, Democratic members of Congress have called for the release of oil from the U.S. Strategic Petroleum Reserve, presumably as a tool to bring down prices Americans are paying at the pump. This is not what the SPR was intended for, and any impact from such a release would be short-lived and too small a band-aid on a serious situation. The White House has yet to confirm if this is..

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