WASHINGTON (AFX) – The US government’s emergency crude oil reserves have expanded to 600 million barrels, the highest level since the stockpile was created in 1977, according to the Department of Energy. “It is the most ever,” a department spokesman confirmed. US President George W. Bush announced plans in November 2001 to build up the…
MARKETS: US govt’s emergency crude oil reserves rise to 600 million barrels
Posted on May 20, 2003 by EnergyAsia