Table of Contents
US Strategic Petroleum Reserve
Abstract
Thesis: Since its creation, the Strategic Petroleum Reserve has grown to four major facilities and three smaller sites currently holding a total of 542 million barrels of crude oil. With authorization of the President, oil can be withdrawn from this reserve if a crisis is imminent. To suit our ever growing population, this needed and wisely planned reserve is only big enough to handle brief disturbances and aid in keeping oil prices low.
Where is the SPR?
What is it?
When and why was the SPR created?
What grants withdrawal from the reserve?
Oil Draw Downs
Sales
Advantages of Tapping Our Reserve
Disadvantages Of Tapping SPR
Conclusion
References
PPT Slide
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