SPR
Introduction On Friday evening, the Department of Energy (DOE) published its solicitation for an exchange for the Strategic Petroleum Reserve, part of the International Energy Agency’s (IEA) joint release of 400 million barrels. In total, the US will release 172 million barrels. The exchange announced Friday is for exchange
The coordinated release from IEA member strategic petroleum reserves is the most significant step to promoting energy market stability since the war in Iran began. This release is understandably dwarfed by the scale of the shock to global production, but it is nevertheless a credible, public signal that governments of
Employ America is pleased to endorse the SECURE Minerals Act, which establishes a Strategic Resilience Reserve, high priority for the organization since we first proposed it with Daleep Singh in February 2024. We applaud the efforts of Senator Young, Senator Shaheen, Representative Wittman, and Representative Moolenaar towards legislative enactment. The