Status of Strategic Petroleum Reserve Activities
EMD-81-24
Published: Nov 03, 1980. Publicly Released: Dec 03, 1980.
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Highlights
Title VIII of the Energy Security Act requires the President to resume filling the Strategic Petroleum Reserve (SPR) at an average rate of at least 100,000 barrels per day for fiscal year 1981 and succeeding years. It also requires the President to amend the Department of Energy (DOE) entitlement regulations so that the Government, in effect, pays lower tier prices for SPR crude oil.
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