The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by ...
Bloomberg argues that a brief conflict could quickly shift from bullish to bearish for oil markets if a successor government ...
The Department of Energy said Tuesday it is looking to buy 1 million barrels of oil for the U.S. Strategic Petroleum Reserve, seeking to take advantage of low oil prices to start refilling the country ...
HOUSTON, Oct 15 (Reuters) - Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and ...