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Page added on March 6, 2021

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U.S. Makes First Strategic Reserve Crude Sale to Foreign Nation

Public Policy

The U.S. Department of Energy sold crude oil from the Strategic Petroleum Reserve to a foreign government for the first time, according to the agency.

The government of Australia and six companies were awarded supply in a DOE tender to sell 10.1 million barrels of SPR crude. The Pacific nation will be receiving 195,000 barrels of crude, the DOE said on its website. Last year, Australia was the first foreign country to lease storage space at caverns operated by the Department of Energy, which made it eligible to participate in the tender.

Glencore Ldt., Marathon Petroleum Supply and Trading LLC, Motiva Enterprises LLC, Phillips 66 Company, Shell Trading (US) Company, Valero Marketing and Supply Company were among the other awardees in this tender, which offered oil deliveries during March and April.

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4 Comments on "U.S. Makes First Strategic Reserve Crude Sale to Foreign Nation"

  1. Cloggie on Sun, 7th Mar 2021 5:48 am 

    Detailed overview Dutch offshore wind effort:

    https://deepresource.wordpress.com/2021/03/07/overview-dutch-offshore-wind-effort-until-2030-and-beyond/

    By 2030, most Dutch electricity will be produced renewable: on- and offshore wind, solar, biomass.

    By 2050, the Netherlands will be a major renewable electricity exporter into the EU, thanks to offshore wind.

  2. Theedrich on Mon, 8th Mar 2021 2:33 am 

    U.S. greatness: killing women and children. Currently in Syria. It’s called opposing genocide and protecting Israel.  And taking Syrian oil.  And making big bucks by selling arms to our Middle Eastern friends.

    Ain’t America great?

    Der Irrsinn ist bei Einzelnen etwas Seltenes, — aber bei Gruppen, Parteien, Völkern, Zeiten, die Regel.  (Nietzsche)

  3. Cloggie on Thu, 11th Mar 2021 11:24 am 

    Currently, we have a storm in NW-Europe.

    Here live-data from the Gemini wind park, north of the Netherlands:

    http://livemegawatt.com/gemini/

    The wind is blowing so hard that they need to limit the power at the nominal output (for 10 m/s) at 600 MW. The actual wind speed is 17 m/s.

    https://en.wikipedia.org/wiki/Gemini_Wind_Farm

  4. Jame on Fri, 12th Mar 2021 2:19 pm 

    Thanks for info!

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