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Energy Terms | |
| Glossary of Energy Terms | |
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| STRATEGIC PETROLEUM RESERVE | The strategic petroleum reserve consists of government owned and controlled crude oil stockpiles stored at various locations in the Gulf Coast region of the country. These reserves can be drawn down in response to sever oil supply disruptions. The target is to have a reserve of 750 million barrels of oil. Use of the reserve must be authorized by the President of the United States. | |
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