news Markets & trade WGOW Shipping (YouTube)
November 24, 2021
On this episode of What's Going on With Shipping, host Sal Mercogliano - Chair of the Department of History, Criminal Justice, and Political Science, former merchant mariner, and instructor of Maritime History, Security and Industry Policy - discusses President Biden's recent announcement to release 50 million barrels of oil from the Strategic Petroleum Reserve. We also discuss the history of the SPR and its current capabilities, along with answering the question that Secretary of Energy Jennifer Granholm could not answer, "How many barrels of oil a day does the US consume?"
What is the Strategic Petroleum Reserve (SPR)? | What's Going on With Shipping?
WGOW Shipping (YouTube)
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