Tapping the SPR: The Root of Dysfunctional Energy Policies

Tapping the SPR: The Root of Dysfunctional Energy Policies

from Power-Gen International Starts: Day 1 | The Energy Collective by RobertRapier

It seems that nothing quite brings out the silliness in politicians like the Strategic Petroleum Reserve (SPR). As you undoubtedly have now heard, the United States and the International Energy Agency are coordinating to release 60 million barrels of oil to the world markets. The U.S. portion of the release will be 30 million barrels from the SPR.