#OilPrices #EnergyPolicy #PetroleumReserve
ca.finance.yahoo.com
Factbox-US oil loan from emergency reserve depends on stiff premiums
WASHINGTON, March 18 (Reuters) - A U. S. plan to help control global oil prices with a swap of millions of barrels of oil from the Strategic Petroleum Reserve depends on energy companies returning oil back to the facility with high premiums in the form of additional barrels, which some traders said could deter participation.
#GasPrices #EnergyCrisis #PetroleumReserve
www.cbsnews.com
Could tapping the Strategic Petroleum Reserve lower gas prices? Here's what experts say.
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics.