Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

The U.S. strategic petroleum reserve, in contrast, protects the U.S. from emergencies and economic shocks in the oil industry, on which much of the modern economy depends. Now, the U.S. is ...

This would involve the US buying up large amounts of the cryptocurrency over the coming years to hold as a reserve, similar to the country’s strategic petroleum reserve ... a relatively safe store of ...

And he declared that his administration would refill the Strategic Petroleum Reserve “right to the top ... Finding that much marginal oil supply would be a challenge, with big shale oil ...

But the wall is a reaction to the waste and expenditure of the Left, and it will save money in the long term. Now, finally, ...

With a distinguished career spanning decades, Afetsi has not only reshaped the extractive industries in sub-Saharan Africa but has also left ... to crafting strategic petroleum reserves and ...

This incident has disrupted national fuel production, leaving the industry scrambling to secure adequate reserves ... Fund, Strategic Fuel Fund, and the Department of Mineral and Petroleum Resources.

About half the Strategic Petroleum Reserve ... It’s pretty much the president’s prerogative. The 1975 law that established the reserve says a president can order a full drawdown in the ...

The majority of Americans were hit much harder and often only had a threadbare safety ... Biden did mobilize the Strategic Petroleum Reserve to curb pressures on oil prices, and he highlighted ...

Good afternoon and happy Thursday, readers! In today’s Daily on Energy, Maydeen, with the help of our editor Joe Lawler, takes a look at energy secretary Chris Wright’s priorities for the department.

Institutions like the Ghana National Petroleum Corporation (GNPC), Petroleum ... one of the most profitable national oil companies globally, owes much of its success to its operational independence.

Biden had sold a record amount of crude oil from the US Strategic Petroleum Reserve (SPR ... triple in the next three years and consume as much as 12 percent of the country’s electricity ...