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U.S. Seeks to Buy About 3 Million Barrels of Oil for SPR for June Delivery

Conventional Energy, Energy Storage, Energy Topics & Technology, EnergyNow News and Press Releases, Latest, Oil, US News / By

The United States is seeking to buy about 3 million barrels of U.S.-produced sour crude for the Strategic Petroleum Reserve for delivery in June, Department of Energy documents showed on Tuesday. The administration of President Joe Biden is slowly replenishing the emergency stash after selling 180 million barrels in 2022 following Russia’s invasion of Ukraine. …

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LOOK OUT! Here Comes LNG as Big Spending Cements LNG in Energy Mix for Decades to Come

EnergyNow News and Press Releases, Latest / By

Bloomberg Hundreds of billions of dollars pumped into new gas plants in recent years will likely delay the shift away from fossil fuels. A huge wave of liquefied natural gas is about to flood a world that’s supposed to be transitioning away from fossil fuels. More than $235 billion has been plowed into the next slate of projects for the …

LOOK OUT! Here Comes LNG as Big Spending Cements LNG in Energy Mix for Decades to Come Read More »

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