Replenishing U.S. Strategic Petroleum Reserves could take years
Oil purchases deferred as offers received were either too expensive or didn’t meet the required specifications The U.S. is in no rush to refill its Strategic Petroleum Reserves (SPR), according to Biden administration officials. In fact, “it could take years for the United States to refill the Strategic Petroleum Reserve” to the level it was before the 180 million barrel...
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