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>> “Making some of the SPR’s storage capacity available to industry, without purchasing the oil, provides this immediate benefit to the industry and its hard-wo
by didgeoridoo 7y ago
>> “Making some of the SPR’s storage capacity available to industry, without purchasing the oil, provides this immediate benefit to the industry and its hard-working employees”
The government is not buying any oil. The SPR is being opened up for storage so expensive producers can hold onto supply until prices recover.