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Trump Admin Bypasses Congress, Offers Backup Storage to Boost Troubled Oil Industry

DeSmog
Apr 9, 2020 @ 15:12
After Congress declined to allocate $3 billion of the recent economic stimulus package to fill the government’s emergency stockpile of oil, the Trump administration has taken its own steps to provide short-term relief to the U.S. petroleum sector.
The Department of Energy announced last week it would be making arrangements to immediately store 30 million barrels of oil in the Strategic Petroleum Reserve (SPR), a backup reserve created in the 1970s as a buffer against oil supply disruptions. Now, instead of supply shortages, oil markets are facing what consulting firm Rystad Energy is calling “one of the biggest oil supply gluts the world has ever seen.” ....

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PM Mitsotakis Meets with US Energy Secretary on Greece — US Cooperation

PM Mitsotakis Meets with US Energy Secretary on Greece US Cooperation
December 17, 2020
Greek Prime Minister Kyriakos Mitsotakis greeting US Energy Secretary Dan Brouillette on the steps of Maximos Mansion on Thursday. Credit: AMNA
The spheres of Greece-US energy cooperation and US investments in Greece dominated a meeting of Greek Prime Minister Kyriakos Mitsotakis and US Secretary of Energy Dan Brouillette in Athens on Thursday.
Meeting for the first time, at the Greek Prime Minister’s office at Maximos Mansion, the two discussed current developments and the recently stepped-up cooperation between Athens and Washington, one of the six priority areas of the Greece-US Strategic Dialogue. ....

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PM Mitsotakis Meets with US Energy Secretary on Greece -- US Cooperation

PM Mitsotakis Meets with US Energy Secretary on Greece -- US Cooperation
greekreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greekreporter.com Daily Mail and Mail on Sunday newspapers.

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