The Us Could Release Even More Oil From Strategic Reserves
The government has already pledged to release one million barrels of crude oil from stocks every day on the commercial markets. The plan, announced in late March, was to finally release 180 million barrels over a six-month period. The plan has so far depleted the country’s emergency crude oil reserves by 67 million barrels to 497.9 million barrels by June 24, according to the latest figures from the Energy Information Service released today – the lowest level since 1986....