Has filling the nation's Strategic Petroleum Reserve(SPR)to 700 million barrels of oil been worth jt? Will it protect taxpayers(consumers)as it was intended,if there is an oil-supply disruption?The Cato Institute says no on both counts,and recommends in a November report that the SPR not be increased in size.In fact the Washington think tank says the federal government should cut its losses,sell the oil in the SPR and shut the program down.
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