The Traderszone Network

Published in TZ Latest News 13 September, 2017 by The TZ Newswire Staff

Is the Strategic Petroleum Reserve Going Away?

Last year, the Energy Department released a report saying that the U.S. Strategic Petroleum Reserve (SPR) is becoming increasingly effective.

In this clip from Industry Focus: Energy, Motley Fool analysts Sarah Priestley and Taylor Muckerman look at the history of the SPR, why the Energy Department is thinking about nixing the program, and what it could mean for the oil industry if the U.S. eliminates the stores.

A full transcript follows the video.

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