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

Politics and Government Politics and Government

Sat, March 8, 2025

[ Sat, Mar 08th ] - MSN

Breathe - Advanced Lung Support Supplement - Herb .. ear Breathing & Respiratory Health - Liquid Drops

[ Sat, Mar 08th ] - Snopes

Breaking down whether Democrats didn't stand and clap for child battling cancer at Trump speech

[ Sat, Mar 08th ] - TechRadar

In 10 years, this $99 Amazfit is the closest I've come to ditching my Apple Watch

[ Sat, Mar 08th ] - Kiplinger

Five Key Retirement Challenges (and How to Face Them Head On)

[ Sat, Mar 08th ] - Bloomberg

Crypto exchange Kraken preparing for IPO in 2026

[ Sat, Mar 08th ] - MSN

S. Korean actress Moon Jung-hee

[ Sat, Mar 08th ] - Fortune

Jerome Powell says the 'net effect' of the Trump .. ation will determine interest rates in the future

[ Sat, Mar 08th ] - Newsweek

Tiger Woods Officially Out for The PLAYERS, But it is Worse Than Just That

[ Sat, Mar 08th ] - Vogue

The Best Fitness Trackers To Help You Reach Any Health Goal

[ Sat, Mar 08th ] - Variety

Audacy Lays Off About 200 Employees

[ Sat, Mar 08th ] - AOL

Is Uber Technologies a Buy, Sell, or Hold in 2025?

[ Sat, Mar 08th ] - Newsday

As Trump pushes limits of power, courts and lawmakers increase pushback

[ Sat, Mar 08th ] - Yahoo

March Madness Live 2025: How to Watch Every Game Online

[ Sat, Mar 08th ] - pinkvilla

Dandadan Chapter 185 To Reveal The Power User's I .. tity; Recap, Release Date, Where To Read And More

[ Sat, Mar 08th ] - Oneindia

At 61, Nita Ambani Reveals Her Fitness Mantra: 'I .. lk 5,000 to 7,000 Steps Daily and Cut Out Sugar.'

[ Sat, Mar 08th ] - IFLScience

What's The Strongest Knot, And How Do We Know?

[ Sat, Mar 08th ] - Kiplinger

How to Help Accelerate Support for Women's Equality

[ Sat, Mar 08th ] - CNN

Trump's week of whiplash rattles markets, allies and his own administration

[ Sat, Mar 08th ] - Fortune

What's your VO2 max? The most important health me .. robably not aware of shows how fit you really are

[ Sat, Mar 08th ] - Forbes

Women Are 2.5X More Likely To Demand Bold Climate Action

[ Sat, Mar 08th ] - Insider

My best friend and I built a multimillion-dollar .. the world together and live in the same building.

[ Sat, Mar 08th ] - Forbes

Prosecutors Accuse Sean 'Diddy' Combs Of Forced L .. ment: Here's The Latest On His Federal Indictment

[ Sat, Mar 08th ] - briefly

MaWhoo performs in completely new genre, video of musician's massive shift gets mixed reactions

[ Sat, Mar 08th ] - PennLive

R&B world rocked: 2 more iconic singers die pushing list of those lost to 11

[ Sat, Mar 08th ] - Prevention

The Tumbler Shoppers Say Is 'Amazing' and 'Keeps Ice Forever' Is 20% Off Right Now

[ Sat, Mar 08th ] - Insider

Pedro Pascal's personal trainer turns 50 this yea .. althier than ever. Here's how he eats and trains.

[ Sat, Mar 08th ] - HerZindagi

International Women's Day 2025: Google Doodle Honours Women In STEM To Celebrate The Occasion

[ Sat, Mar 08th ] - Timeslife

From Rags to Riches: 10 Indian Women Who Built Business Empires!

[ Sat, Mar 08th ] - Filmfare

International Women's Day: 6 Misunderstood Women of Bollywood

[ Sat, Mar 08th ] - MSN

The hug that's got everyone talking! Shahid Kapoor and Kareena Kapoor's awkward encounter

[ Sat, Mar 08th ] - Digit

Flipkart Big Saving Days Sale 2025: Check Best De .. On iPhone 16e, iPhone 16 Pro, iPhone 16 And More

[ Sat, Mar 08th ] - TheCable

Nigeria focused on processing lithium reserves for electric vehicles production, says minister

[ Sat, Mar 08th ] - CNBC

Tesla has consequential catalysts beyond Q1 in EV and AV business, says TD Cowen's Itay Michaeli

[ Sat, Mar 08th ] - CNBC

HPE CEO on the profitability of server business: Faced execution challenges and more competition

[ Sat, Mar 08th ] - Insider

Avoid these 4 red flags that could trigger an IRS audit this tax season

[ Sat, Mar 08th ] - Fortune

Lebron James and Silicon Valley's elite use hyper .. ging and inflammation. Here's what it's all about

[ Sat, Mar 08th ] - MSN

CS Mbadi, Wandayi and Oparanya Fire Govt Officials; Make New Appointments

[ Sat, Mar 08th ] - Thesportstak

Virat Kohli gives India injury scare ahead of IND .. Final, superstar batter gets hit in ankle by ball

[ Sat, Mar 08th ] - Mint

[ Sat, Mar 08th ] - CNN

Gene Hackman's wife was protective of his health .. he died of hantavirus and days later, he was gone

[ Sat, Mar 08th ] - Goodreturns

1:10 Stock Split of Pharma Stock: Record Date Set For March 21; What Investors Should Do Next?

[ Sat, Mar 08th ] - GOBankingRates

Investment Objectives: What They Are and Why They Matter

[ Sat, Mar 08th ] - Vanguard

Accelerating Action: Yetunde Sonowo's trailblazing journey in finance, leadership, real estate

[ Sat, Mar 08th ] - LionhearTV

'Wala akong sinisirang pamilya!' Ivana Alawi denies love life rumors

[ Sat, Mar 08th ] - News24

Could we still see a hike in VAT when the budget is tabled?

[ Sat, Mar 08th ] - MSN

Former Gachagua Aide Martha Miano Lands New Job in Ruto's Government

[ Sat, Mar 08th ] - Forbes

Owning The Narrative: How Businesses Can Adapt To The New Media Era

[ Sat, Mar 08th ] - HuffPost

23 Of The Funniest Posts About Cats And Dogs This Week (March 1-7)

[ Sat, Mar 08th ] - HuffPost

Nutritionists Pick The Best (And Worst) Breakfast Cereals For Your Health

[ Sat, Mar 08th ] - Deadline

Donald Trump Appoints Fox News' Maria Bartiromo And Laura Ingraham To Kennedy Center Board

[ Sat, Mar 08th ] - 90min

2024/25 Women's FA Cup quarter-final predictions

[ Sat, Mar 08th ] - Football365

Man Utd target 'expresses' summer transfer 'desire' as Amorim faces Arsenal 'competition'

[ Sat, Mar 08th ] - MSN

Gavin Rossdale says it's 'quite difficult' to eat good food while on tour

[ Sat, Mar 08th ] - CNBC

Market Open: March 7, 2025

[ Sat, Mar 08th ] - CNBC

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[ Sat, Mar 08th ] - Oneindia

Meet The Inspiring Women Who Are Handling PM Modi's Social Media Accounts On Women's Day

[ Sat, Mar 08th ] - Reuters

Wall St ends higher after Fed chief's comments, but notches weekly loss

[ Sat, Mar 08th ] - Entrepreneur

Women's Day 2025: Celebrating Progress, Demanding Action in Investment and Leadership

[ Sat, Mar 08th ] - cnbctv18

India vs New Zealand Champions Trophy Final: Where and How to Watch the Big Match

[ Sat, Mar 08th ] - Parade

Jessa Duggar Makes Major Family Announcement

[ Sat, Mar 08th ] - briefly

Solo Restaurant Sandton Responds After Fatal Shooting, South Africans Demand Answers

[ Sat, Mar 08th ] - FilmiBeat

Abhishek Malhan, Zakir Khan & Other Digital Stars Bag Shows On JioHotstar- FULL LIST

[ Sat, Mar 08th ] - Mint

Emily Osment says THIS after filing for divorce, .. parated 2 months after marriage with Jack Anthony

Fri, March 7, 2025

[ Fri, Mar 07th ] - stockhead

Barry FitzGerald: Creating a virtual critical minerals ETF that's tailored for the trade war

[ Fri, Mar 07th ] - People

Nurse Practitioner Says Oura Ring 'Knew She Had C .. Before She Was Diagnosed After Change in Metrics

[ Fri, Mar 07th ] - rnz

Gene technology changes: What you need to know

[ Fri, Mar 07th ] - Reuters

Soccer-Leverkusen must move on from Bayern loss, says Alonso

[ Fri, Mar 07th ] - briefly

Somizi's Daughter Bahumi Moves Mzansi With Emotional Post About Battling Lymphedema

[ Fri, Mar 07th ] - 5NEWS

Alice Walton unveils ambitious plans for Bentonville's health transformation

[ Fri, Mar 07th ] - BBC

Granny gets X-rated message after Apple AI fail

[ Fri, Mar 07th ] - FilmiBeat

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[ Fri, Mar 07th ] - Fortune

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[ Fri, Mar 07th ] - Forbes

Three Keys To Designing An Impactful Marketing Campaign

[ Fri, Mar 07th ] - iHeart

New Details About Kendrick Lamar's Upcoming Film Reportedly Revealed

[ Fri, Mar 07th ] - BBC

Actor Gene Hackman and wife Betsy Arakawa died of natural causes one week apart

[ Fri, Mar 07th ] - MSN

Cacao beans: The tiny powerhouse fighting aging and boosting bones

[ Fri, Mar 07th ] - BusinessTech

Tax hikes expected next week - including VAT

[ Fri, Mar 07th ] - MSN

Trump insists there was 'no clash' between Elon Musk and Marco Rubio over DOGE cuts

[ Fri, Mar 07th ] - Snopes

Republicans claim government spent millions on 'transgender mice.' Here's the truth

[ Fri, Mar 07th ] - KTVZ

Back and forth: ODOT crews spent nearly half a mi .. end right-of-way homeless camp cleanups last year

[ Fri, Mar 07th ] - MSN

New Mexico officials confirmed Gene Hackman and his wife Betsy's cause of deaths

[ Fri, Mar 07th ] - Forbes

Trump Denies Blowup Between Musk And Rubio: 'No Clash'

[ Fri, Mar 07th ] - MassLive

Watch SEC Women's Basketball Tournament: Ole Miss vs. Texas free live stream

[ Fri, Mar 07th ] - WCNC

VERIFYING the health impacts of Daylight Saving Time

[ Fri, Mar 07th ] - RobHasAwebsite

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[ Fri, Mar 07th ] - BBC

Who's doing the dishes? Bollywood film and government data have the same answer

[ Fri, Mar 07th ] - MSN

Local doctor outlines health effects of 'Springing Forward'

[ Fri, Mar 07th ] - Yahoo

Thousands join 'Stand Up for Science' demonstrati .. test Trump administration's funding and jobs cuts

[ Fri, Mar 07th ] - CNET

I Fell in Love With This Tiny Foldable Projector at MWC 2025

[ Fri, Mar 07th ] - Yahoo

Shenandoah schools test translator earbuds

[ Fri, Mar 07th ] - Reuters

Hims & Hers to shut down dermatology business Apostrophe

[ Fri, Mar 07th ] - Snopes

Analyzing claim Trump confused 'transgenic mice' with 'transgender mice' in address to Congress

[ Fri, Mar 07th ] - MovieWeb

Heath Ledger's 'A Knight's Tale' Is Getting a 4K Steelbook Blu-ray Release

[ Fri, Mar 07th ] - Ukrinform

Finance Ministry: Partners more willing to engage in dialogue on use of Russian assets

[ Fri, Mar 07th ] - People

Gene Hackman Suffered from Advanced Alzheimer's D .. Been 'Aware' Wife Betsy Died, Authorities Reveal

[ Fri, Mar 07th ] - MSN

Queen's Health Systems in Hawaii opens facility for treatment of lung cancer

[ Fri, Mar 07th ] - CNN

HHS said to have asked CDC to study vaccines and autism, despite robust evidence showing no link

[ Fri, Mar 07th ] - Euronews

Thousands of Slovaks protest against populist PM Robert Fico and his pro-Russian policies

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The Historic Dangers of Politicizing Our Civil Service

[ Fri, Mar 07th ] - WMBB

Women's health care made easy at Ascension Sacred Heart Gulf's new center

[ Fri, Mar 07th ] - LittleThings

Medical Examiner Releases Cause Of Death For Gene Hackman And Betsy Arakawa

[ Fri, Mar 07th ] - WFAA

How daylight saving time can affect your body clock, and how to make it easier for yourself

[ Fri, Mar 07th ] - Newsweek

What We Know About the Alleged CIA Facility Briefly Revealed by DOGE

[ Fri, Mar 07th ] - Lifehacker

I Tried Prime Video's New AI Dubbing, and I Have Thoughts

[ Fri, Mar 07th ] - Mediaite

Bannon Doubts Musk's DOGE Can Reach $1 Trillion ' .. e' Goal, Warns Dems Will 'Use That Against' Trump

[ Fri, Mar 07th ] - amNewYork

Fears of an emboldened Putin rise among New Yorkers from Ukraine and other former Soviet republics

[ Fri, Mar 07th ] - Fortune

Trump hit a law firm with an executive order seve .. same firm represented Hillary Clinton's campaign

[ Fri, Mar 07th ] - 90min

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[ Fri, Mar 07th ] - MSN

Skillsville EP and PBS KIDS' VP of Content discus .. ideo games, and skill-building in the digital age

[ Fri, Mar 07th ] - KSNT

Tony! Toni! Tone! guitarist D'Wayne Wiggins dies

[ Fri, Mar 07th ] - Today

Gene Hackman's health history includes Alzheimer's and cardiovascular disease

[ Fri, Mar 07th ] - FOX59

Indiana Congressmen react to President Trump's call to 'get rid of' the CHIPS and Science Act

[ Fri, Mar 07th ] - STAT

At 'Stand Up for Science' rally, Francis Collins .. arns major NIH research programs 'at severe risk'

[ Fri, Mar 07th ] - Yardbarker

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[ Fri, Mar 07th ] - MSN

Impact of Daylight Saving Time on Mental Health

[ Fri, Mar 07th ] - Kiplinger

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[ Fri, Mar 07th ] - FedScoop

Sen. Ernst introduces bill to reauthorize small business tech programs

[ Fri, Mar 07th ] - Newsweek

Elon Musk's DOGE Tried to Fire Air Traffic Controllers: Report

[ Fri, Mar 07th ] - sportscasting

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[ Fri, Mar 07th ] - Newsweek

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[ Fri, Mar 07th ] - Gizmodo

Intuitive Machines Moon Lander Confirmed Dead After Toppling on Its Side

[ Fri, Mar 07th ] - Reuters

South Africa rejects 'megaphone diplomacy' as Trump backs funding cut

[ Fri, Mar 07th ] - Axios

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[ Fri, Mar 07th ] - MSN

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[ Fri, Mar 07th ] - Newsweek

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[ Fri, Mar 07th ] - ProPakistani

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[ Fri, Mar 07th ] - CNET

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[ Fri, Mar 07th ] - Bloomberg

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[ Fri, Mar 07th ] - MSN

Trump demands Nicolle Wallace and Rachel Maddow resign over teen cancer survivor comments

[ Fri, Mar 07th ] - On3

SEC fines Ole Miss $500,000 for court-storming vs. No. 4 Tennessee

[ Fri, Mar 07th ] - Narcity

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[ Fri, Mar 07th ] - Forbes

Tesla Stock Is Down As Musk's DOGE Role Changes Some Buyers' Minds

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of ETD at $28 .. 2, after crossing above the $27.961 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of CTRA at $2 .. 5, after crossing above the $26.098 Trigger Price

[ Fri, Mar 07th ] - MSN

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[ Fri, Mar 07th ] - MSN

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[ Fri, Mar 07th ] - GOBankingRates

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[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of XTN at $79 .. 5, after crossing above the $79.555 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of TER at $10 .. , after crossing above the $106.862 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of SLAMW at $ .. 68, after crossing above the $0.163 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of PI at $97. .. 5, after crossing above the $96.826 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of EE at $28. .. 1, after crossing above the $28.711 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of APLE at $1 .. 3, after crossing above the $14.629 Trigger Price

[ Fri, Mar 07th ] - briefly

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[ Fri, Mar 07th ] - CNN

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[ Fri, Mar 07th ] - MSN

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[ Fri, Mar 07th ] - PopSugar

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[ Fri, Mar 07th ] - Outsports

A gay diver shared his truth with Outsports and J .. nnifer Hudson. He's learned these 7 things since.

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of POOL at $3 .. , after crossing above the $362.061 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of LUMN at $5 .. 15, after crossing above the $5.388 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of ENTG at $1 .. , after crossing above the $101.244 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of ALDX at $6 .. 54, after crossing above the $6.452 Trigger Price

[ Fri, Mar 07th ] - CNN

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[ Fri, Mar 07th ] - CNN

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[ Fri, Mar 07th ] - BBC

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[ Fri, Mar 07th ] - Newsweek

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[ Fri, Mar 07th ] - GOBankingRates

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[ Fri, Mar 07th ] - CINEMABLEND

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[ Fri, Mar 07th ] - CNET

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[ Fri, Mar 07th ] - Fortune

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[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of HIW at $29 .. 6, after crossing above the $29.333 Trigger Price

[ Fri, Mar 07th ] - FanSided

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[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of ZTS at $17 .. , after crossing above the $170.454 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of LKQ at $43 .. 7, after crossing above the $43.008 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of INCY at $7 .. 4, after crossing above the $71.951 Trigger Price

[ Fri, Mar 07th ] - MassLive

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[ Fri, Mar 07th ] - NextBigFuture

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[ Fri, Mar 07th ] - Forbes

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[ Fri, Mar 07th ] - LBC

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[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of TXO at $19 .. 54, after crossing above the $19.46 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of SITC at $1 .. 7, after crossing above the $13.248 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of RVTY at $1 .. , after crossing above the $114.366 Trigger Price

[ Fri, Mar 07th ] - Newsweek

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[ Fri, Mar 07th ] - Newsweek

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[ Fri, Mar 07th ] - FMIBlog

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[ Fri, Mar 07th ] - InsideEVs

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[ Fri, Mar 07th ] - MENAFN

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[ Fri, Mar 07th ] - Glamstar

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[ Fri, Mar 07th ] - CNN

Nearly 230 measles cases reported in outbreaks in West Texas and New Mexico

[ Fri, Mar 07th ] - AOL

Commentary: Fudging the data won't help the Trump economy

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of WBD at $10 .. 5, after crossing above the $10.757 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of KDP at $33 .. 5, after crossing above the $33.655 Trigger Price

[ Fri, Mar 07th ] - WOPRAI

Short squeeze is starting in shares of CNHI at $1 .. 2, after crossing above the $13.069 Trigger Price

[ Fri, Mar 07th ] - MSN

Recent Instagram posts highlight Sarah Ferguson's focus on health and wellness

[ Fri, Mar 07th ] - WFTV

Orlando Health to host 30th annual Down Syndrome Clinic on Saturday

[ Fri, Mar 07th ] - Cyclingnews

Training, genetics, and ageism: How close could you get to Poga?ar and Niewiadoma?

[ Fri, Mar 07th ] - ZNetwork

"We've Been Betrayed!": Who's Fighting Back (and not) Against Trump's Cuts in VA Jobs and Services

[ Fri, Mar 07th ] - Reuters

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

^{Published on 2025-03-07 12:41:15 - Reuters}

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 ]

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[ Wed, Dec 11th 2024 ] - Seeking Alpha

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