Insisting on US Crude for the SPR Is Misguided
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The article discusses America's strategy of refilling the Strategic Petroleum Reserve (SPR) with US crude oil. The author argues that this strategy is misguided. Domestic shale output is considered the least likely source of supply to be disrupted. The article suggests that diversifying the sources of supply for the SPR would be a more effective strategy.
https://www.bloomberg.com/news/newsletters/2024-02-09/america-s-insistence-on-us-crude-oil-for-spr-is-misguided