Department of Energy Announces Sale of Northeast Gasoline Supply Reserve as Americans Hit Road for Summer Driving Season
May 23, 2024
May 23, 2024
WASHINGTON, May 23 -- The U.S. Department of Energy issued the following news on May 21, 2024:
Today, the U.S. Department of Energy's (DOE) Office of Petroleum Reserves announced a solicitation (https://www.spr.doe.gov/gas/default.htm) for the sale and liquidation of 1 million barrels (42 million gallons) of gasoline in the Northeast Gasoline Supply Reserve (NGSR). This solicitation is strategically timed and structured to maximize its impact on gasoline prices, helping to lowe . . .
Today, the U.S. Department of Energy's (DOE) Office of Petroleum Reserves announced a solicitation (https://www.spr.doe.gov/gas/default.htm) for the sale and liquidation of 1 million barrels (42 million gallons) of gasoline in the Northeast Gasoline Supply Reserve (NGSR). This solicitation is strategically timed and structured to maximize its impact on gasoline prices, helping to lowe . . .