posts tagged as SPR
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August 2022
President Biden is depleting the U.S. Strategic Petroleum Reserve (SPR), which is currently at its lowest level in 37 years. On July...
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August 2022
U.S. gasoline demand on a 4-week average basis fell below 2020 pandemic levels based on Energy Information Administration data for product supplied...
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July 2022
Earlier this month, IER posted a blog that said the Department of Energy (DOE) sold China almost 1 million barrels of oil...
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July 2022
It is not enough that China is buying Russian oil at a discount due to western sanctions put on Russia because of...
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June 2022
China is surpassing the United States this year as the world’s largest refiner as government climate goals and regulation cause U.S. refiners...
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June 2022
Both oil and gasoline prices increased after each and every time President Biden announced the release of oil from the Strategic Petroleum...