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<blockquote data-quote="HiredHand" data-source="post: 3776767" data-attributes="member: 2469"><p><h3>Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline</h3><p></p><p>[URL unfurl="true"]https://www.reuters.com/article/us-global-oil-usa-reserves-idUSKCN2251QU[/URL]</p><p></p><p>“President Donald Trump’s plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration’s strategy to shield drillers from a meltdown in energy demand - but company officials and industry groups say the program has been too slow and won’t be enough to save them…</p><p></p><p>…Drillers, meanwhile, say they are balking at the government’s offer to take their oil because it is hard for them to move it from inland fields to the SPR delivery sites on the Gulf Coast, and because they worry placing it in the reserve could compromise the oil’s quality.”</p></blockquote><p></p>
[QUOTE="HiredHand, post: 3776767, member: 2469"] [HEADING=2]Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline[/HEADING] [URL unfurl="true"]https://www.reuters.com/article/us-global-oil-usa-reserves-idUSKCN2251QU[/URL] “President Donald Trump’s plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration’s strategy to shield drillers from a meltdown in energy demand - but company officials and industry groups say the program has been too slow and won’t be enough to save them… …Drillers, meanwhile, say they are balking at the government’s offer to take their oil because it is hard for them to move it from inland fields to the SPR delivery sites on the Gulf Coast, and because they worry placing it in the reserve could compromise the oil’s quality.” [/QUOTE]
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