Major SPR Oil Sales Are in the Offing
by Philip K. Verleger Jr. | September 27th, 2012 | 04:11 pmThose who follow energy are fond of discussing where, when, and under what circumstances countries holding strategic petroleum reserves (SPR) might release them. This debate has ignored, however, the prospect of the US beginning to liquidate oil from its strategic stocks in the near future. Decreasing domestic consumption and increasing domestic production will allow us [...]