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.
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
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
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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.