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U.S. to Release Some Reserve Oil to Ease Shortages

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U.S. to Release Some Reserve Oil to Ease Shortages

U.S.

U.S. to Release Some Reserve Oil to Ease Shortages

U.S. to Release Some Reserve Oil to Ease Shortages

  • Download
  • <iframe src="https://www.npr.org/player/embed/3934339/3934340" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Bush administration will lend limited amounts of crude oil from the Strategic Petroleum Reserve to refineries, to make up for supply disruptions caused by Hurricane Ivan. The loans will be repaid with interest in the form of additional oil. NPR's Wendy Kaufman reports.