Bipartisan Texas Bill Targets Oil Reserve As Stockpile Hits 44-Year Low
12 Articles
12 Articles
Last week, according to data from the United States Department of Energy, the stock of crude oil in the United States strategic reserve declined to its lowest level since November 1982.
The Dallas Express News
wbap.comBipartisan Texas Bill Targets Oil Reserve As Stockpile Hits 44-Year Low
Two Texas lawmakers are seeking a comprehensive review of the nation’s aging Strategic Petroleum Reserve as the emergency oil stockpile sits at its lowest level since the early 1980s. Rep. Lizzie Fletcher, a Houston Democrat, and Rep. August Pfluger, a San Angelo Republican whose district includes much of the Permian Basin, introduced the 21st Century Strategic Petroleum Reserve Act on September 3. The bipartisan bill would direct the U.S. Secre…
The US Strategic Petroleum Reserve's crude oil inventories fell by approximately 1.2 million barrels last week to 285.4 million barrels. This brings the reserves to their lowest level since November 1982.
U.S. oil reserves have been falling to the lowest level for 44 years...
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