Wednesday, January 29, 2025
180 million barrels of crude may never be returned to the SPR180 million barrels of crude may never be returned to the SPR180 million barrels of crude may never be returned to the SPR- oil and gas 360

180 million barrels of crude may never be returned to the SPR

Oil Price Earlier this week, the Biden administration rejected the first bids from companies offering to sell crude oil into the strategic petroleum reserve of the country.   The tender followed a record release of 180 million barrels throughout 2022. And that 180 million barrels may never be returned to the SPR. “DOE will only select bids that meet the required crude