US Launches Plan for SPR Fill, Questions Remain

摘要

The US Department of Energy (DOE) took the first step to purchase 77 million barrels of crude for the Strategic Petroleum Reserve (SPR), issuing a solicitation to US firms Thursday amid languishing prices and saying that purchases could be expanded to $20 billion of oil. The announcement marks the first step toward complying with President Donald Trump’s Mar. 13 directive to fill the SPR “right up to the top,” but Congress is yet to free the funds needed to make the purchases.