Thursday,
October 17
October 17
U.S. Congress Strategic Petroleum Reserve Hearing
The U.S. Senate Committee on Energy and Natural Resources will examine the status of the Strategic Petroleum Reserve and related energy security issues. The reserve is the world’s largest supply of emergency crude oil and is designed to be used as a buffer during extreme fuel shortages. The federally-owned oil stocks are stored in huge underground salt caverns along the coastline of the Gulf of Mexico.