Topping Off

Peters, Katherine Mcintire
March 2006
Government Executive;Mar2006, Vol. 38 Issue 4, p45
Trade Publication
The article presents information on the U.S. Strategic Petroleum Reserve that is a collection of underground salt caverns in Texas and Louisiana. It was created by the 1975 Energy Policy and Conservation Act after Arab nations cut the supply of crude oil to the United States during the 1973-74 oil embargo. Data compiled by the Energy Department show that during the 1973 oil embargo, the United States consumed about 17.3 million barrels of oil a day, compared with 20.6 million barrels per day today. The article also presents chronology of events of oil related issues from 1944 to 2005.


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