Brian Scheid and Herman Wang
On this week’s Capitol Crude podcast, Platts senior editors Herman Wang and Brian Scheid ask if the hundreds of millions of barrels of crude oil stashed away by the US government may indicate a hoarding problem. The Strategic Petroleum Reserve, hidden away in Louisiana and Texas, was born of an era of oil embargoes and shortages. But the Department of Energy is now reevaluating the SPR’s role in light of prolific domestic shale oil production. Find out how even the location of the reserves and type of oil in the SPR are being called into question.
Check back every Monday for the latest analysis of US oil policy news from leading Platts editors covering the Capitol. E-mail the editors at firstname.lastname@example.org and email@example.com.
We welcome any feedback or suggestions for topics. Contact us at firstname.lastname@example.org.
Oilgram News brings fast-breaking global petroleum and gas news to your desktop every day. Our extensive global network of correspondents report on supply and demand trends, corporate news, government actions, exploration, technology, and much more.