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re: US Dept of Energy preparing to start SPR refill purchases

Posted on 3/2/23 at 11:27 pm to
Posted by CitizenK
BR
Member since Aug 2019
9883 posts
Posted on 3/2/23 at 11:27 pm to
The real truth is that the SPR is tits on a boar hog. It only contains 2 grades which refineries were configured for in the 1970's. In the 80's all that changed except for small refineries like Placid, Port Allen, and Alon Krotz Springs. Then the last decades all of the pipeline taking crude inland from TX and LA have all been reversed.

They shouldn't be spending any money at all. It is already able to provide the crude oil for the length of time it is supposed to by LAW.
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