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Strategic Oil Reserve

White House Considers Releasing Oil From Reserves

Reuters | Posted 10.16.2012 | Green

* U.S. officials to watch whether gasoline prices fall after Labor Day * Too early to say the size of potential release (Adds no c...

Rep. Markey Says It's Time To Buy Oil For Strategic Reserve

Press Release | Posted 05.25.2011 | Business

WASHINGTON (December 30, 2008) -- Rep. Edward J. Markey (D-Mass.) and other lawmakers today called upon the Department of Energy to resume buying oil ...

US Taps Oil Reserves To Ward Off Shortages Due To Storms

AFP | Posted 05.25.2011 | Green

LONDON (AFP) - Oil prices fell on Wednesday as the US government decided to release crude stocks from its strategic reserve after Hurricane Gustav hal...

Hurricane Gustav and Our Strategic Petroleum Reserve

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

What is the Strategic Petroleum Reserve for if not a situation such as this? But don't count on this administration to do anything to contain the price of oil and thereby bring consternation to their cronies in the oil patch.

Our Forlorn Energy Secretary Sam Bodman Takes On Tom Friedman

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Bodman's letter criticizing Friedman gives a frightening picture of this administration and the Department of Energy's priorities.

Quick Fixes: Ideas to Curb Gas Price Burn

CNNMoney.com | Steve Hargreaves | Posted 05.25.2011 | Green

NEW YORK (CNNMoney.com) -- With a nationwide average gas price of just about $4 a gallon, lots of people are thinking there must be something the gove...