US to Buy 1 Million Barrels of Crude for Petroleum Reserve

Trump plans to fill up the country’s emergency stockpiles of crude oil after they were drawn down by the Biden administration.
US to Buy 1 Million Barrels of Crude for Petroleum Reserve
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, on June 9, 2016. Richard Carson/Reuters
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The U.S. Energy Department announced plans to buy 1 million barrels of crude oil to begin refilling the nation’s emergency oil reserves drawn down by the Biden administration.

Officials released a solicitation to buy the crude for its Bryan Mound site near Freeport, Texas, taking advantage of low oil prices.

Jill McLaughlin
Jill McLaughlin
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Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.