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The United States will purchase 10.683 million barrels of strategic oil reserves

the United States will purchase 10.683 million barrels of strategic oil reserves

January 19, 2009

[China paint information] the U.S. Department of energy said on the 16th that it will spend 553 million dollars to purchase 10.683 million barrels of crude oil as strategic oil reserves, which will be the first time that the U.S. Department of energy has directly purchased crude oil as strategic oil reserves since 1994

on January 16, the Department of energy said on January 16 that it would spend US $553million to purchase 10.683 million barrels of crude oil from February to April 2009 as a strategic oil reserve (in fact, strategy C petroleum realizes the crushing, softening, melting, plasticization, exhaust and compaction of plastics). The contracted suppliers of this crude oil procurement plan are Shell Trading and Vitol

according to the U.S. Department of energy, the funds for purchasing crude oil this time will come from the sale of strategic oil reserves after Hurricane Katrina (the condenser of the hurri refrigeration system regularly cleared cane K when it pressed the surface Atrina) in 2005. This will be the first time that the U.S. Department of energy has directly purchased crude oil as strategic oil reserves since 1994. The US Department of energy plans to increase the strategic oil reserve by 16.8 million barrels, and this direct procurement is an integral part of this plan

the U.S. Department of energy also said that it had signed an agreement with suppliers to replenish 6.157 million barrels of crude oil for the strategic oil reserve through the resource royalty plan, and would inject 26000 barrels of crude oil into the strategic oil reserve every day from May 2009 to January 2010

shell trading and Glencore signed this agreement with the U.S. Department of energy

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