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US: DOE announces repurchase of oil for the Strategic Petroleum Reserve

The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves has announced that it will start repurchasing crude oil for the Strategic Petroleum Reserve (SPR). The repurchase is an opportunity to secure a good deal for American taxpayers by repurchasing oil at a lower price than the $96 per barrel average price it was sold for, as well as to strengthen energy security. ....

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U.S. Begins SPR Repurchase Program As Oil Prices Crash

The U.S. EIA reported that 4.7 million barrels of crude oil left the Strategic Petroleum Reserves in the week ending December 9, but now the United States has started the process of refilling the nation’s SPR ....

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Biden Administration Announces Another Purchase of Oil to Replenish the Strategic Petroleum Reserve

The Biden administration announced on Dec. 16 that it will purchase 3 million barrels of oil to replace . ....

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Oil Ban Spurs Loud Protests - Los Angeles Business Journal

Oil Ban Spurs Loud Protests - Los Angeles Business Journal
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US Seeks To Stop Oil Reserve Sales To Refill Stockpiles

The Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve. ....

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