Sat, March 8, 2025
[ Sat, Mar 08th 2025 ]: Bloomberg
House unveils Trump-backed bill to avert government shutdown
[ Sat, Mar 08th 2025 ]: NDTV
'People Of Pak-Occupied Kashmir Will Push For Joining India': Rajnath Singh
[ Sat, Mar 08th 2025 ]: KUTV
Utah Legislature wraps up after bills on taxes, nuclear power, flags, labor law
[ Sat, Mar 08th 2025 ]: Wired
What's Driving Tesla's Woes?
[ Sat, Mar 08th 2025 ]: WLRN
DOGE's effort to slash government is now coming for buildings and people who run them
[ Sat, Mar 08th 2025 ]: Alternet
Congressman can't name specific 'waste, fraud and abuse' and admits DOGE is making 'mistakes'
[ Sat, Mar 08th 2025 ]: dw
Germany: CDU/CSU alliance and SPD finish preliminary talks
[ Sat, Mar 08th 2025 ]: Slate
What's the Deal With Amy Coney Barrett Lately?
[ Sat, Mar 08th 2025 ]: BBC
Starmer praised for statesman role abroad but can he fix problems at home?
[ Sat, Mar 08th 2025 ]: Benzinga
Elon Musk, Marco Rubio Clash In Heated White Hous .. irst Signs Of Tensions In Trump's Cabinet: Report
[ Sat, Mar 08th 2025 ]: Newsweek
Rick Scott Issues Social Security Warning: 'Have To Get Something Done'
[ Sat, Mar 08th 2025 ]: Reuters
US, French top diplomats hold call about ending Ukraine war, State Dept says
[ Sat, Mar 08th 2025 ]: Fortune
Jerome Powell says the 'net effect' of the Trump .. ation will determine interest rates in the future
[ Sat, Mar 08th 2025 ]: Newsday
As Trump pushes limits of power, courts and lawmakers increase pushback
[ Sat, Mar 08th 2025 ]: CNN
Trump's week of whiplash rattles markets, allies and his own administration
[ Sat, Mar 08th 2025 ]: MSN
Former Gachagua Aide Martha Miano Lands New Job in Ruto's Government
[ Sat, Mar 08th 2025 ]: Deadline
Donald Trump Appoints Fox News' Maria Bartiromo And Laura Ingraham To Kennedy Center Board
Fri, March 7, 2025
[ Fri, Mar 07th 2025 ]: KTVZ
Back and forth: ODOT crews spent nearly half a mi .. end right-of-way homeless camp cleanups last year
[ Fri, Mar 07th 2025 ]: Snopes
Analyzing claim Trump confused 'transgenic mice' with 'transgender mice' in address to Congress
[ Fri, Mar 07th 2025 ]: Time
The Historic Dangers of Politicizing Our Civil Service
[ Fri, Mar 07th 2025 ]: Mediaite
Bannon Doubts Musk's DOGE Can Reach $1 Trillion ' .. e' Goal, Warns Dems Will 'Use That Against' Trump
[ Fri, Mar 07th 2025 ]: amNewYork
Fears of an emboldened Putin rise among New Yorkers from Ukraine and other former Soviet republics
[ Fri, Mar 07th 2025 ]: Fortune
Trump hit a law firm with an executive order seve .. same firm represented Hillary Clinton's campaign
[ Fri, Mar 07th 2025 ]: Axios
Hakeem Jeffries rejects Mike Johnson's shutdown plan
[ Fri, Mar 07th 2025 ]: Forbes
Tesla Stock Is Down As Musk's DOGE Role Changes Some Buyers' Minds
[ Fri, Mar 07th 2025 ]: CNN
Syria sees worst violence since Assad's toppling .. d in clashes between army and ex-regime loyalists
[ Fri, Mar 07th 2025 ]: BBC
Council's 24,000 homes plan rejected by government
[ Fri, Mar 07th 2025 ]: LBC
What is a social media algorithm and why are they controversial?
[ Fri, Mar 07th 2025 ]: ZNetwork
"We've Been Betrayed!": Who's Fighting Back (and not) Against Trump's Cuts in VA Jobs and Services
[ Fri, Mar 07th 2025 ]: techUK
Ofcom Draft Guidance: A Safer Life Online for Women and Girls
[ Fri, Mar 07th 2025 ]: ktvq
Montana lawmakers look at diversity, equity, and inclusion legislation
[ Fri, Mar 07th 2025 ]: Quartz
Tesla's biggest fan on Wall Street says worries over Elon Musk's politics are overblown
[ Fri, Mar 07th 2025 ]: STAT
Judge rules against compounding group; Hims' shares fall
[ Fri, Mar 07th 2025 ]: MSNBC
How Trump demoted and promoted Elon Musk in less than a day
[ Fri, Mar 07th 2025 ]: Reason
Medicare Deserves Attention From DOGE and Congress
[ Fri, Mar 07th 2025 ]: KSAT
The Latest: Trump changes course and delays some tariffs on Mexico and Canada
[ Fri, Mar 07th 2025 ]: Reuters
Factbox-Where do the legal cases against Trump's executive orders stand?
[ Fri, Mar 07th 2025 ]: KJZZ
Trump is set to speak to crypto founders and investors at the White House on Friday
[ Fri, Mar 07th 2025 ]: Yahoo
What is an executive order? How much power do they hold over the federal government
[ Fri, Mar 07th 2025 ]: Slate
What Trump and Musk Are Really Doing to This Country
[ Fri, Mar 07th 2025 ]: WITN
Retired teachers, political figures discuss Trump's DOE initiative
[ Fri, Mar 07th 2025 ]: Insider
Uber and Lyft drivers with Teslas don't want to talk about Elon Musk
[ Fri, Mar 07th 2025 ]: CCN
SBF Says Politics and Gensler's SEC Killed FTX, Sees Donald Trump as Crypto's Saving Grace
[ Fri, Mar 07th 2025 ]: MSN
Mahila Samridhi Yojana: Registration for Rs 2500 .. documents ready; know the terms and conditions..
[ Fri, Mar 07th 2025 ]: decrypt
Memes Meet Politics: What the Dogecoin Community Makes of Elon Musk's DOGE
[ Fri, Mar 07th 2025 ]: Euronews
National leader Berdimuhamedow on Turkmenistan's neutrality and EU ties
[ Fri, Mar 07th 2025 ]: Entrepreneur
President Donald Trump Just Paused Tariffs on Som .. da and Mexico for One Month. Here's What We Know.
[ Fri, Mar 07th 2025 ]: Newsweek
Trump's Nephew Says Proposed Budget Cuts Lack 'Humanity And Decency'

US estimates it will take $20 billion and years to refill oil reserve

U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the Energy Department said on Friday.
The U.S. Department of Energy has estimated that it will require approximately $20 billion and several years to replenish the Strategic Petroleum Reserve (SPR), which was significantly depleted due to emergency releases aimed at controlling oil prices. The SPR, the world's largest emergency oil stockpile, saw its lowest level in four decades after the Biden administration released 180 million barrels in 2022 to combat rising fuel costs. The plan to refill includes purchasing oil at a lower price than when it was sold, with the goal of buying back at around $70 per barrel. However, the process is complicated by the need for maintenance at the reserve's storage sites and the requirement to cancel congressionally mandated sales, which would otherwise reduce the reserve further. The Energy Department has already started buying back oil, with intentions to continue these purchases into 2024, aiming to restore the SPR to its full capacity of 714 million barrels.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/politics/government/us-estimates-it-will-take-20-billion-and-years-to-refill-oil-reserve/ar-AA1AsGLH ]