U.S. Energy Secretary Rick Perry said on Monday it was too soon to say whether t...
WASHINGTON - U.S. Energy Secretary Rick Perry said on Monday it was too soon to say whether the United States would tap emergency oil reserves after attacks in Saudi Arabia halved the crude output in the world’s largest oil exporter.
Perry said the United States would wait to see how long the facilities in Saudi Arabia would be down before releasing any oil from the U.S. Strategic Petroleum Reserve, or SPR, but that Washington stood ready. Under U.S. law, the president can call for an emergency sale from the SPR if the country is confronted a supply disruption that threatens the economy. The SPR has been used for that purpose three times, most recently in 2011 after violence in Libya.In addition, there have been several non-emergency sales mandated by Congress. In the latest of those, the Energy Department sold nearly 10 million barrels of oil to four U.S. energy companies that will be delivered in October and November.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Energy Secretary Perry expects a 'coalition effort' to put a stop to Iran's 'malign activities'U.S. Secretary of Energy Rick Perry spoke to CNBC's 'Squawk on the Street' on Monday following a series of drone attacks on Saudi Arabia's oil facilities caused the largest disruption to the world oil supply in history.
Consulte Mais informação »
Rick Perry says it's premature to say whether Strategic Petroleum Reserve is neededU.S. Energy Secretary Rick Perry spoke to CNBC following drone strikes on Saudi Arabia's oil processing facilities.
Consulte Mais informação »
U.S. stands ready to tap emergency oil reserve after Saudi attacks: DOEThe Trump administration is prepared to tap U.S. emergency oil reserves if neces...
Consulte Mais informação »
Factbox: U.S. readies emergency oil reserves in wake of Saudi attacksThe Trump administration said on Saturday it stood ready to tap U.S. emergency o...
Consulte Mais informação »
Here are the 3 key times the U.S. tapped into its massive emergency-oil reservesThe weekend attack on major crude-oil facilities in Saudi Arabia could prompt something that has been done only three times in the past: an emergency release...
Consulte Mais informação »
Latest News - MarketWatchEnergy Secretary Rick Perry: 'Premature' to discuss tapping strategic reserves
Consulte Mais informação »