strategic petroleum reserve

WASHINGTON — Energy Secretary Jennifer Granholm told lawmakers on Capitol Hill last week that the U.S. could start repurchasing oil for the Strategic Petroleum Reserve once one last sale mandated by Congress is carried out next month. "And it's at... Read More

WASHINGTON — House Republicans vowed Wednesday to move ahead with a vote on a bill restricting the president’s ability to tap the strategic petroleum reserve, despite a promised veto from the White House. Speaking to reporters at a news conference... Read More

WASHINGTON — House Republicans are expected to approve a measure Thursday that would prohibit sales of oil from the United States’ strategic petroleum reserve to the People’s Republic of China. But Rep. Frank Pallone Jr., D-N.J., the ranking member of... Read More