3 ms·
In fairness, now that I check Wikipedia, it appears that the SPR is 80% full, and furthermore the average price paid was about $28/barrel. Right now WTI is $25
by perl4ever 7y ago
In fairness, now that I check Wikipedia, it appears that the SPR is 80% full, and furthermore the average price paid was about $28/barrel.
Right now WTI is $25ish and Brent is almost $28, so adding more to it probably isn't particularly vital at this moment, either in terms of increasing energy independence or in taking advantage of cheap prices.