Disrepair of U.S. Oil Reserve May Hamper Its Value in a Crisis

Capt. John

President Donald Trump said he may release oil from U.S. stockpiles to smooth out any price increases brought on by a strike at Saudi Arabian facilities, but the dilapidated state of the reserves and pipeline bottlenecks may limit the benefit. “It’s a real issue,” said Jason Bordoff, a former Obama...

https://www.hellenicshippingnews.com/disrepair-of-u-s-oil-reserve-may-hamper-its-value-in-a-crisis/

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