U.S. Energy Department Announces Sale of Up To 12 Million Barrels of Crude From Strategic Petroleum Reserve

The U.S. Energy Department on Feb. 28 issued a notice of sale of crude oil from three Strategic Petroleum Reserve, or SPR, sites – Bryan Mound and Big Hill in Texas, and West Hackberry in Louisiana. In fiscal year 2020, the Energy Secretary is authorized to sell up to $450 million worth of oil from…...