The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of ...

Opinions expressed by Forbes Contributors are their own. Robert Rapier is a chemical engineer covering the energy sector. In December 1975, when memories of gas lines were fresh on the minds of ...

AT A GLANCE • The Middle East oil embargo of 1973 spurred the creation of the Strategic Petroleum Reserve ... and given the current geopolitical tensions, the SPR needs to be refilled.

The key example that we all think about is the US strategic petroleum reserve (SPR ... million bitcoins would cost around $100 billion at current prices: but if the US government was known ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right now, it has more than half of that. The reserve, which former President ...

President Donald Trump said he plans to fill the US’s strategic oil reserve “right to the top” after it reached lows not seen since the 1980s under President Joe Biden. Trump vowed to ...

After authorizing the largest release ever from the U.S. emergency strategic petroleum reserve, the Biden administration is signaling it will soon try to refill the stockpile.