(Bloomberg) –The first oil from President Joe Biden’s release from the country’s emergency crude reserves is being granted to Exxon Mobil Corp.
The company will receive 4.8 million barrels of oil from the Strategic Petroleum Reserve as part …
The Trump administration halted plans to start buying oil to top up the nation’s emergency stockpile after failing to win funding from Congress, throwing a wrench in its most tangible efforts to help struggling drillers cope with the …
WASHINGTON (AP) — The Trump administration said Thursday that it is seeking $3 billion from Congress to top up the country’s strategic petroleum reserves, potentially propping up U.S. oil producers after crude prices crashed globally.
President Donald Trump …
What to do with a vast government complex of underground salt caverns that once held hundreds of millions of barrels of oil?
As Congress steadily sells off the oil contained within the Strategic Petroleum Reserve – residing 1,000 feet beneath …
From Reuters
The U.S. Energy Department on Wednesday cleared the way for faster approval of small scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule that does away with a public interest …
