Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Yulee
thanx for that...

not quite sure how to decipher this...I didn't know there are mandatory sales


556 posted on 11/12/2021 4:30:38 PM PST by stylin19a (I hired a handyman and gave him a list. He only did #1,3,5. Turns out he only does odd jobs)
[ Post Reply | Private Reply | To 536 | View Replies ]


To: stylin19a; Yulee
I didn't know there are mandatory sales

I didn't know that either.
Excerpt from link below:

DOE intends to draw down and sell 10.1 million barrels of crude oil from the SPR. This notice of sale is to fulfill the requirements of Section 403(a)(4) of the Bipartisan Budget Act of 2015 (5 million barrels) and the Consolidated Appropriations Act of 2018 (5.1 million barrels), which combined require a mandatory sale of 10.1 million barrels during FY 2021. The proceeds of the sale will be deposited in the U.S. Treasury by the end of the Fiscal Year.

https://www.energy.gov/articles/doe-announces-notice-sale-crude-oil-strategic-petroleum-reserve-1

699 posted on 11/12/2021 9:38:57 PM PST by Oorang (Politicians:-a feeble band of lowly reptiles who shun the light and who lurk in their own dens. )
[ Post Reply | Private Reply | To 556 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson