Five critical questions about the U.S. strategic petroleum reserve
Five critical questions about the U.S. strategic petroleum reserve / Blake Clayton, Energy, security and climate, January 10, 2013
Constant chatter about an impending oil release from the U.S. Strategic Petroleum Reserve (SPR) was a prominent feature of the oil market last year. Much of the speculation was driven by the ongoing loss of crude from Iran, due to sanctions, and the possibility of a confrontation with Tehran over its nuclear program, which could have cut off traffic through the vital Strait of Hormuz…