The oil will be delivered to the Bryan Mound Strategic Petroleum Reserve site near Freeport, Texas, in December and January, the Energy Department said in a statement.

The Dispatch reports on the Strategic Petroleum Reserve's dwindling levels and the need for clearer vision and utilization to ...

In the 36 years since Congress voted to create a Strategic Petroleum Reserve, U.S. presidents have tapped the nation’s emergency oil stockpile only three times. But in recent years, as gasoline prices ...

From the column: "Energize significant expansion of domestic mineral production of many metals, ranging from tungsten to cobalt and copper." ...

WASHINGTON (Reuters) -A U.S. House committee released a budget proposal that includes more than $1.5 billion to replenish and maintain the Strategic Petroleum Reserve, and cancels a congressionally ...

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (BWXT) announced today a U.S. Department of Energy award to manage and operate the Strategic Petroleum Reserve. Strategic Storage Partners, LLC ...

The Biden administration is planning to announce additional sales from the nation's emergency oil stockpile as it seeks to counter market pressures created by the OPEC+ decision to cut oil production ...

The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by President Gerald Ford. It was established in response to the 1973-1974 oil ...

MAHWAH, New Jersey (WABC) -- With gas prices rising, the president offered a Thanksgiving gift to Americans feeling pressure at the pump. President Joe Biden's release of some 50 million barrels of ...