Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. 019909 17: Tunnels wind through subterranean chambers June 1, ...
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After going untapped for decades, the Biden Administration drew down the Strategic Petroleum Reserve by almost 300 million barrels during the pandemic when demand recovered faster than expected and ...
The DoE has received several offers for February purchases to refill the SPR. For February, the plan was to purchase 3 million barrels, ideally when oil dropped to around $70 per barrel. The rejected ...
WASHINGTON, May 7 (Reuters) - A drop in crude oil prices has put the U.S. back in the market for replenishing the Strategic Petroleum Reserve after selling off a record amount of crude from the ...
The U.S. SPR is currently at a multi-decade low. Replenishing 300 million barrels at a cost of even $70 per barrel would cost $21 billion for the oil alone. The United States needs the SPR as a safety ...
The US Strategic Petroleum Reserve is a man-made underground government storage complex built inside four separate salt domes on the Texas and Louisiana Gulf coast. Combined, the four SPR locations ...
Igor is an experienced finance journalist. He has covered U.S. and global financial markets, business, and economics as an editor and columnist for more than two decades. ViewStock / Getty Images ...
CLEVELAND, Feb. 01, 2024 (GLOBE NEWSWIRE) -- SPR Therapeutics, a private medical device company focused on treating pain and improving the quality of life for patients managing acute or chronic pain, ...
We are a remote-first, flexible work environment that continues to meet our clients' needs – whether working remote, at a client site, or at an SPR office space. We stay connected through digital ...