GAO Report Examines Strategic Petroleum Reserve's Capabilities, Maintenance Backlogs, and Need for Long-Term Planning
By
U.S. Government Accountability Office
Summary
The U.S. Strategic Petroleum Reserve (SPR) is being drawn down amid the Iran war, the greatest disruption to global oil supplies in history. This GAO WatchBlog post examines a new report on the SPR's status, including its capabilities, operational challenges, massive maintenance backlogs, and the urgent need for a long-term strategic plan for the reserve's future.
Source
bskyGAO Report Examines Strategic Petroleum Reserve's Capabilities, Maintenance Backlogs, and Need for Long-Term Planninggao.govKey quotes
· 3 pulledThe Iran war is causing the greatest disruption in global oil supplies ever.
As part of a coordinated international action, the United States is responding by drawing from the government's emergency crude oil reserve—the Strategic Petroleum Reserve.
Today's WatchBlog post looks at our new report on the status of the Strategic Petroleum Reserve—including its capabilities, challenges, and the need to plan for its future.
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