Today we conclude a two-part blog series on challenges and coming changes at the SPR.Ĭrude oil helps drive economies around the world, and the world was-and still is-chock full of risk. A fix now in the works would add Gulf Coast marine terminals dedicated specifically to moving SPR-stockpiled crude to those who need it, both within the U.S. refineries from the worst effects of a major crude oil supply interruption, and-when called upon by the International Energy Agency-quickly injecting large volumes of crude into global markets. Flow changes in particular have negatively affected the Strategic Petroleum Reserve’s ability to accomplish its two primary goals: protecting U.S.
crude oil production, in domestic flows of crude via pipelines, ships and rail tankcars, and in crude import volumes.
The Shale Revolution has caused big changes in U.S.
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