World Affairs in Context

World Affairs in Context

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World Affairs in Context
World Affairs in Context
Destruction From Within: Strategic Petroleum Reserve is Being Depleted, With 1 Million Barrels to be Released From Northeast Supply Reserve

Destruction From Within: Strategic Petroleum Reserve is Being Depleted, With 1 Million Barrels to be Released From Northeast Supply Reserve

Critical Infrastructure Projects Have Been Delayed While the SPR is at the Lowest Level in 40 Years

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Lena Petrova
May 21, 2024
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World Affairs in Context
World Affairs in Context
Destruction From Within: Strategic Petroleum Reserve is Being Depleted, With 1 Million Barrels to be Released From Northeast Supply Reserve
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Nowadays, the price of gasoline is no longer a function of supply and demand. The nation’s Strategic Petroleum Reserve, one of the key guarantees of economic stability and a cornerstone of national energy security, has become a political campaign tool that is easily and regularly manipulated.

Gasoline prices across the United States have been on the rise and are expected to be the second most expensive in a decade during the 2024 Memorial Day weekend:

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