The last of the oil purchased by the Biden Administration to refill the U.S. Strategic Petroleum Reserve was pumped into ...

Trump plans to refill the Strategic Petroleum Reserve after Biden’s drawdowns, tying it to his broader energy dominance ...

Called the Strategic Petroleum Reserve, or SPR, it is the world's largest emergency oil supply, and dates back to the 1970s, ...

May marked the second month that additions to the SPR topped 2 million, DOE data show. The U.S. added a total of 2.4 million bbl in April. Levels in the SPR are now above 400 million bbl for the first ...

The administration hopes that tapping the Strategic Petroleum Reserve, a move that comes just weeks before the midterm elections, will bring relief to voters who have been struggling from high ...

Two U.S. government reserves of cryptocurrency will be stocked with bitcoin and other tokens seized by federal agencies. See ...

President Joe Biden announced the first major release from the Strategic Petroleum Reserve (SPR) on Nov. 23, 2021. He said the recovery from the coronavirus pandemic was increasing demand for ...

What's the point of a strategic crypto reserve? Similar to the Strategic Petroleum Reserve, which protects the U.S. economy from disruptions in oil supplies, a national crypto reserve would help ...

From a conceptual standpoint, the strategic Bitcoin reserve is similar to the Strategic Petroleum Reserve, created in 1975 in response to the energy crisis of that era. The goal at the time was to ...

Most notably, the announcement includes the release of 15 million barrels of oil from the nation's stockpile -- known as the Strategic Petroleum Reserve -- in December. The release accounts for ...

The administration hopes that tapping the Strategic Petroleum Reserve, a move that comes just weeks before the midterm elections, will bring relief to voters who have been struggling from high ...