Tag: SPR

The US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run.

Clark Savage83

In a move aimed at bolstering national energy security, the United States needs to push forward with plans to replenish its Strategic Petroleum Reserve (SPR), which has been significantly depleted in recent years. President Donald Trump\’s administration has prioritized refilling the reserve, signaling a shift from previous drawdowns to a strategy focused on long-term preparedness […]

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Filling the U.S. Oil Reserve Pushed Back Seven Months

Clark Savage81

The U.S. Department of Energy (DOE) has delayed plans to replenish the Strategic Petroleum Reserve (SPR) by seven months, pushing back significant repurchasing efforts to mid-2025. This setback, driven by rising oil prices and budgetary constraints, raises concerns about the nation’s energy security at a time of global market volatility. Below, we explore the reasons […]

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Saudi Arbian Spending Spree?!

Clark Savage66

Daily Standup Top Stories Saudi Arabia Spends Like Oil’s Still at $90 May 12, 2025 Clark Savage ENB Pub Note: Excellent article from Irina Slav at Oilprice.com. This article reinforces Doomberg’s comments about OPEC and its viability in the future as a cartel. Last week on the Energy News Beat podcast, he […] Republicans Push to Refill […]

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The Biden Adminstration causes damage to the Stragegic Petroleum Reserve during massive draw down for political gain.

Clark Savage109

There is no question that the Biden Administration used the United States Strategic Petroleum Reserve for political gain when it opened and caused significant drawdowns right before the mid-term elections.   Key Points The Biden administration significantly depleted the Strategic Petroleum Reserve (SPR), but replenishment efforts have restored much of it. There is no conclusive […]

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Week Recap: The State of U.S. Energy: Oil, Gas, and Policy Shifts Under the Biden Administration

Clark Savage80

Daily Standup Top Stories  Chris Wright Moves to Refill The Strategic Petroleum Reserve March 9, 2025 Clark Savage Many people are curious about the Trump administration’s plans to refill the Strategic Petroleum Reserve (SPR) that was so callously abused by whomever was making decisions in the Biden administration, which drew this national security […] Canada’s Final US […]

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Reserve Refill Begins

Clark Savage77

Daily Standup Top Stories Chris Wright Moves to Refill The Strategic Petroleum Reserve March 9, 2025 Clark Savage Many people are curious about the Trump administration’s plans to refill the Strategic Petroleum Reserve (SPR) that was so callously abused by whomever was making decisions in the Biden administration, which drew this national security […] Canada’s Final US […]

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