US could start buying oil for reserve after June sale, energy secretary says
/cloudfront-us-east-2.images.arcpublishing.com/reuters/BY4KZOS24BKDRISBB2CRINKTUI.jpg "US could start buying oil for reserve after June sale, energy secretary says")
WASHINGTON, May 11 (Reuters) – U.S. Energy Secretary Jennifer Granholm told lawmakers on Thursday her department could start repurchasing oil for the Strategic Petroleum Reserve (SPR) after completing a congressionally mandated sale next month. “That congressionally mandated sale of 26 million barrels will be completed by June, and it’s at that point where we will … [Read more…]