U.S. oil reserve comes up short on major supply disruptionStrategic Petroleum Reserve would handle short-term crisis at 700 million barrel capacity; some 600 million barrels stored now; legislation expected to expand it to 1 million barrels Petroleum News Alaska
The U.S. Strategic Petroleum Reserve, at least for a few months, appears adequate to handle almost any national energy crisis, even if all oil imports abruptly stopped from the politically hot Middle East. But output from the petroleum reserve likely would deteriorate rapidly over time.
So, federal....
[additional news subjects in this story]
A million barrels a day possible About 15 days to award contracts Filling will take quite a while
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 08/18/2021)
|
Petroleum News - Phone: 1-907 522-9469 [email protected] --- https://www.petroleumnews.com --- S U B S C R I B E
|