Summary:
The Biden Administration will purchase 60 million barrels of crude in Q3.CNN: Delivery of those first 60 million barrels would be paid for with revenue received from sales of emergency oil.The full process for replenishing the SPR will take years.OilpriceOil Prices Top 1 As Biden’s SPR Buyback Plan LeaksCharles Kennedy
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The Biden Administration will purchase 60 million barrels of crude in Q3.CNN: Delivery of those first 60 million barrels would be paid for with revenue received from sales of emergency oil.The full process for replenishing the SPR will take years.OilpriceOil Prices Top 1 As Biden’s SPR Buyback Plan LeaksCharles Kennedy
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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- The Biden Administration will purchase 60 million barrels of crude in Q3.
- CNN: Delivery of those first 60 million barrels would be paid for with revenue received from sales of emergency oil.
- The full process for replenishing the SPR will take years.
Oilprice
Oil Prices Top $111 As Biden’s SPR Buyback Plan Leaks
Charles Kennedy