The United States hides 372 million barrels of oil on the seabed of the Gulf of Mexico and will be key in the event of an energy crisis
The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...
Rigzone10d
Will Trump Fill Strategic Petroleum Reserves 'Right to the Top'?
Oil storage levels will rise under Trump, but probably at a slower pace than his rhetoric would suggest', analysts at BMI ...
Marathon Petroleum Files 8-K with the SEC Detailing Key Agreements
Marathon Petroleum Corporation, a Delaware-based company operating in the oil and gas industry, filed an 8-K form with the United States Securities and Exchange Commission on February 6, 2025. The ...
justthenews4d
Bipartisan groups in Congress introduce bill to protect strategic petroleum reserve
The Banning SPR Oil Exports to Foreign Adversaries Act was filed in the U.S. Senate by Sens. Ted Cruz, R-Texas, John Fetterman, D-Penn., and Elissa Slotkin, D-Mich.
Trump's tariffs will cause pain at the pump for Americans: Experts
While President Donald Trump campaigned on a pledge to lower fuel prices, energy experts predicted that his pending tariffs ...
BP executive promises 'reset' after profits fell in 2024
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...
China's retaliatory tariffs on crude likely to push US exports lower in 2025
China's retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the ...