Futures : Energy Update
0 Comments for:
US to buy 100,000 Barrel of Oil a day for reserves
US will expand its Strategic Petrolem reserve from roughly 700 million barrels to 1.5 Billion but over 20 Years.
Purchase should begin in Spring.
Assuming similar market condition the Department would need to buy 100K a day.
0 Comments:
Post a Comment
<< Home