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Title: More Oil From U.S. Strategic Petroleum Reserve Heads To Europe
Source: [None]
URL Source: https://oilprice.com/Latest-Energy- ... m-Reserve-Heads-To-Europe.html
Published: May 13, 2022
Author: Mike Rivero
Post Date: 2022-05-13 20:49:26 by Horse
Keywords: None
Views: 29
Comments: 2

Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and looks to reduce reliance on Russian oil, Bloomberg reported on Thursday, citing tanker-tracking data and sources with knowledge of the shipments.

In recent weeks, Europe has increased purchases of U.S. crude as it considers the details of a ban on imports of Russian crude and refined products.

A week after the European Commission officially proposed a full ban on Russian crude and oil product imports by the end of the year, the EU is still scrambling to find a common position, trying to persuade Hungary and some other central European countries to drop their opposition to an embargo.

“We made progress, but further work is needed,” European Commission President Ursula von der Leyen said late on Monday following a meeting with Hungarian Prime Minister Viktor Orban.

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#1. To: Horse (#0)

More Oil From U.S. Strategic Petroleum Reserve Heads To Europe

My neighbor switched jobs and moved to South Dakota to haul loads of water to oil drilling sites. The water is pumped into the oil wells and the oil rises to the top and can be pumped out. The best part is he does not have to run logs. He kept his apartment here and gets two weeks off every two months. It must be nice. Part of the deal is they even gave him an apartment as part of the job. Some people fall in a bucket of shit and come up smelling like a rose every single time. ;)

BTP Holdings  posted on  2022-05-13   21:08:12 ET  Reply   Untrace   Trace   Private Reply  


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